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Under which head will the expense on renewal of software be classified?

Page no : 2

Yasaswi Gomes new (Finance ) (4503 Points)
Replied 07 June 2023

I dont know why ppl wanna get this capitalised? Because its reaping economic benefits? I doubt so because principle budget factor is different than a computer which processes. Can anyone directly trace it to a cost unit? No! Thats why i never ventured into marketing because the ownerz will do marketing and not me whilst i control their entity. Did i say something wrong here? 


Yasaswi Gomes new (Finance ) (4503 Points)
Replied 07 June 2023

@ dhirajlal is not accoladed by the club. I argued with others and not him. 

1 Like

Yasaswi Gomes new (Finance ) (4503 Points)
Replied 07 June 2023

Leaving taxation ive entertained? Im higher in accounts. Dont believe corporates cause ive corrected managers. Lol its funny how life and knowledge is like

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (174954 Points)
Replied 08 June 2023

"Sorry, I am not a featured member." For featured members contact.... https://www.caclubindia.com/catalogue/featured.asp

 


vijay kumar (accountant) (27 Points)
Replied 24 August 2024

 

We have paid Pollution Control Board in the factory. Now I am not able to understand. Should that expense be booked in Rate Fee & Taxes or in some other head? Please suggest this



vijay kumar (accountant) (27 Points)
Replied 24 August 2024

Payment has been made to the Pollution Control Board in the factory. Now I am not able to understand. Should that expense be booked in Rate Fee & Taxes or in some other head? Please suggest this



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