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,
According to our finance person, we depreciate software over 5 years and hardware over 3 years.
She also says that IRS Pub 946 spells it out for you (and says computer equipment should be depreciated over 5 years).
-steve carlock
Information Technology Manager
The Granada
(805) 899-3000 x 111 (phone)
(805) 899-3081 (fax)
What about any of your consulting costs, etc.? Were they depreciated?
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 Steve Carlock Sent: Wednesday, March 24, 2010 2:57 PM To: Dana Nolen Subject: RE: [Tessitura Finance Forum] Depreciation of Tessitura
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