Dear Sir,
We have purchased Sonic Wall Fire wall Software Rs 130000/-.
Please tell me the accounting treatment of above transaction.
whether it comes under fixed assets or not?
Thanks / Regards,
Suresh Chandra
Suresh Chandra (Manager - Accounts) (206 Points)
27 April 2011Dear Sir,
We have purchased Sonic Wall Fire wall Software Rs 130000/-.
Please tell me the accounting treatment of above transaction.
whether it comes under fixed assets or not?
Thanks / Regards,
Suresh Chandra
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 27 April 2011
its software, and would get treatment as per software
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