Non-Profit
Leasehold Improvement — Program Office
Capitalizing fit-out costs for a rented program office.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Leasehold Improvements (Program) | Asset (+) | 15,000.00 | - |
| Cash / Bank | Asset (-) | - | 15,000.00 |
💡 Accountant's Note
Permanent improvements to rented space are capitalized and depreciated over the shorter of the lease term or useful life. For an NGO, these are typically program or management expenses.
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