FA Value

johnnyc313

I have a client, their auditor has told them the must increase the value of their computer software by around £20,000. How should the do this? Do they need to create a new fixed asset card? Or do they split the £20,000 between all the Assets in Computer Software?

Thanks...

Johnnyc

Marije_Brummel

I think you can do both,

Perhaps making a new card for 20.000 is the best because it is tracible.

Add comment e.g. : 2005, auditor order

If the auditor comes back next year he sees the FA and knows what it is.

It needs to be legit in your country of course

johnnyc313

Thanks Mark,

We created a new card for the £20,000