Eric Dittman wrote:
but I know that the businesses I've worked for
consider
fully depreciated items as $0 value and therefore disposable.
But that's only from tax deduction considerations. The
"big picture" involves more than that.
and therefore disposable.
Disposal doesn't necessarily mean trashing it. Can mean selling
it. The keyword is "RESIDUAL" scrap value.
Eric Dittman wrote:
>
> > > Shouldn't it be fully depreciated by now?
> >
> > But it has residual scrap value. Hard money that goes back
> > into the states general fund. And believe this, they are not
> > a charity.
>
> I know they aren't a charity, but I know that the businesses
> I've worked for consider fully depreciated items as $0 value
and therefore disposable.
> --
> Eric Dittman
> dittman(a)dittman.net
> Check out the DEC Enthusiasts Club at
http://www.dittman.net/