Company's mobile phone

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SCM-Head
85 Points Joined May 2012

I got a mobile phone from my co. Pur cost was 10000=00 but co. debited me 2000=00 only & took a cheque for the amt.

  1. How to account this 2000=00 i.e what should be the name of the ledgers that needs to be opened along with its Tally GROUP?
  2. Can I claim depriciation also.?
  3. If yes, how much & what method (wdv/ slm, other) & which amount (10,000=00 or 2,000=00)?
  4. Under which GROUP this depriciation would go?

Pl note, pur date is 25-March-2012.  So I need details for prev as well as current accounting year.

Thanks in advance.

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On 09 May 2012 at 12:01 Report
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SCM-Head
85 Points Joined May 2012

Is Original Invoice necessary for claiming DEPRICIATION?

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On 12 May 2012 at 13:17
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SCM-Head
85 Points Joined May 2012

Also, since 2000=00 (the amt paid by me to the co. & balance 8000=00 paid by the co.), under which GROUP (of Tally) this mobile should be entered?

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On 15 May 2012 at 09:49
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Hardwork is a key of Success...
678 Points Joined May 2011

Depreciation entry sholud passed on 6 days but original invoice or copy keep with us for 2011-12.

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On 15 May 2012 at 10:11
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SCM-Head
85 Points Joined May 2012

Nilesh,

Request to please elaborate all the points as mentioned above.

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On 15 May 2012 at 12:42
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SCM-Head
85 Points Joined May 2012

Please someone answer me point wise.

Thanks in advance

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On 16 May 2012 at 17:31


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