Sir,
We have purchased curtains, Pillow cover, bed sheet, Sofa cover, Mat, Towels, etc for shop. in tally please provide name of the expense head.
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Ledger Name in tally
Replies (6)
You can book it as furniture & fittings.
If it is for resale then book it as stock
If it is for resale then book it as stock
It will be accounted for under Fixed Assets. You can show it either as furniture or as shop construction
Is the shop constructed or it is under construction?
Both are equally good. If shop is under construction then you can show it under construction
@ Naveen Kumar ,
Consider it as PPE as per AS-10 if the shop is in working condition and those are used for business purposes
Consider it as PPE as per AS-10 if the shop is in working condition and those are used for business purposes
where should we can entry bed sheet curtains exp in hotels account??
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