Hi, We bought a software for our supermarket , the amount of RS 50000/- GST Not yet registered, software bought without GST.
What is the entry, Purchase entry, Depreciation Entry.........etc. (Want full entries and Life)
Thanks
Hi, We bought a software for our supermarket , the amount of RS 50000/- GST Not yet registered, software bought without GST.
What is the entry, Purchase entry, Depreciation Entry.........etc. (Want full entries and Life)
Thanks
the entries are same amortisation to accumulated amortisation.
Hi forgot, intangible asset is not included into fixed asset. Treat it separately and depreciate it.
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