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

59753 views 20 replies

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? 

Replies (20)

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? 

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

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

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

 

 

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

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register