What is asset book and what are the mandatory setups for this & what are the validation types in fixed assets?
What is the current rate(%) of PF and ESI in priVATe ltd. Companyi have needed for my current jobthanks & rgds.Rajesh
How to determine whether an expense is an asset or not? When you receive an invoice that shows that the company has purchased a tool or something, what makes you think this thing is an asset or it's an expense. Is it the price of it or what?
If an asset is classed as idle and has not been used in years but continues to depreciate is the accounting treatment to dispose of asset/write it down to a saleable value/stop depreciating it and keep it on the books, even although the asset would still be held within the company.For example a old machine...