Fixed Asset Accounting.

This query is : Resolved 

21 October 2020 Sir/ Madam.

If we have purchase a new Air Conditioner and top-up gas in to the same then the topping of gas to be include in Air Conditioner cost and capitalized the same or gas topping book as the maintenance cost?
Thanks

21 October 2020 New air-conditioner top up to be done by supplier free of cost. Deduct the amount to supplier payment.

21 October 2020 Thanks SEETHARAMAN sir,

In Our case AC supplier and installer are two different vendors. Can you please advice the accounting treatment for Gas top-up.

Thanks

21 October 2020 Capitalise it being the new one.


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