Bearer plants may be subject to a depreciation policy year on year as any other asset with a useful economic life. However, as grapevines may take several decades to reach full production capacity, the decision may be taken not to apply a depreciation charge prior to reaching this point. With over 60…
An accrual is an accounting entry that records income you’ve earned but haven’t received, or an expense you’ve incurred but haven’t paid. Proper implementation ensures that your investment in software delivers the maximum return. If you want to spend your time doing what you do best, let the experts at Protea give…
