FA Value

johnnyc313
Member Posts: 93
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
Thanks...
Johnnyc
0
Comments
-
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 course0 -
Thanks Mark,
We created a new card for the £20,0000
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