Please anyone tell me how to capitalised the SAP software in the Company?
Akanksha Srivastava (CA Final) (38 Points)
19 August 2010Please anyone tell me how to capitalised the SAP software in the Company?
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 19 August 2010
U have to debit as an Inatangible Asset .Governed by AS-26 to be written off over aperiod of say 5 yrs