In fact, it’s unrealistic to stock giant quantities of assorted components. To obtain better management over inventory, develop clear criteria that will assist outline and categorize spares. Designations such as “critical” spares may help you prioritize your inventory.
Also Such shoes has life more than a yr than we must always should guide as PPE. Thank you so much for your reply Silvia! Yes, right – when the license expires, the federal government owns the stock (it doesn’t belong to us).
S. Para 8, IAS16 – Spare elements and servicing tools are recognized in accordance with IFRS when they meet the definition of PPE. in any other case, such gadgets are classified as inventory. it depends on what sort of spare part it is. All spare components are there for alternative, isn’t it?
spare elements for MG-TF 2003/1796 CC FROM CHINA
3. Free web site usage. There is not any additional cost for auto automobile spare elements patrons. Only sellers should pay a advertising payment. The group is normally imply to people who go on eBay to purchase car components.
– for the second group spare elements we do nothing – replacement of spare elements is a part of upkeep/repair expenses or they’re depreciated from the time they are used. I work in an Automobile company with numerous cost centres which is subdivided into vehicle sale, spare elements dept and after sale service. How do we harmonise the stock of vehicles and that of spare part into 1 monetary assertion? Should we treat it like when the corporate is consolidating.