I would like to get an idea of the timeframe that different organizations have used for depreciating their Tessitura system. Also, if you depreciated your hard costs on a different schedule as your soft costs.
Thanks
Dana,
I'm an IT type and not finance, but I'm curious about what you pieces you are depreciating. Are you refering to the cost of the hardware running the system along with any capital expenses related to the implementation?
This is mostly for my own education. I've found that understanding the accounting and finance side of the house often makes my life much easier. :)
Yes. The hard costs (equipment, software, etc) as opposed to the costs for implementing the system such as consulting.
Dana
Dana Nolen Senior Accountant Tennessee Performing Arts Center 505 Deaderick Street, 3rd. floor Nashville, TN 37243 Phone: 615-782-4058 Fax: 615-782-4001 dnolen@tpac.org Visit us online at www.tpac.org
From: Tessitura Finance Forum [mailto:forums-finance@tessituranetwork.com] On Behalf Of Levi Sauerbrei Sent: Wednesday, March 24, 2010 2:37 PM To: Dana Nolen Subject: Re: [Tessitura Finance Forum] Depreciation of Tessitura
From: Dana Nolen <bounce-dananolen5387@tessituranetwork.com> Sent: 3/23/2010 3:44:55 PM
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