With the introduction of the new leasing standard, alternatives have come up for the accounting of low value assets.
Accounting for low value assets
€ 11.78 ; incl VAT: € 14.25
Having many low-value assets?
See whether leasing is a good alternative.
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Article in the series of Lease Implementation Dilemmas as a result of the introduction of IFRS16 for listed companies and others who follow IFRS reporting guidelines.Best practice on how to deal with Non-refundable VAT and examples of the booking process.
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