Fixed assets – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 12 Sep 2019 06:33:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Should we calculate amortization expense for the period up to purchase month, when we sold our fixed assets registered in our asset? (In Turkey) https://www.muhasebenews.com/en/should-we-calculate-amortization-expense-for-the-period-up-to-purchase-month-when-we-sold-our-fixed-assets-registered-in-our-asset-in-turkey/ https://www.muhasebenews.com/en/should-we-calculate-amortization-expense-for-the-period-up-to-purchase-month-when-we-sold-our-fixed-assets-registered-in-our-asset-in-turkey/#respond Thu, 12 Sep 2019 07:30:30 +0000 https://www.muhasebenews.com/?p=66810 In the amortization calculation of fixed assets purchased and returned during the year, should amortization be calculated from the purchase to the returned month?

Amortization expense is calculated for the month in which the asset is used, in Turkey.


Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


]]>
https://www.muhasebenews.com/en/should-we-calculate-amortization-expense-for-the-period-up-to-purchase-month-when-we-sold-our-fixed-assets-registered-in-our-asset-in-turkey/feed/ 0