Book Keeping Task/Depreciation
From PCSAR
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(New page: <h1>Amortization Expense</h1> PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets. As of 2015-08-31 fiscal year end, PCSAR’s the...) |
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- | PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets. | + | PCSAR follows Canada Revenue Agency’s [http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/dprcbl-eng.html Classes of Depreciable Property guidelines] when depreciating assets. |
As of 2015-08-31 fiscal year end, PCSAR’s the majority of assets are classified as Class 8 (20%) with the exception of the following: | As of 2015-08-31 fiscal year end, PCSAR’s the majority of assets are classified as Class 8 (20%) with the exception of the following: |
Revision as of 20:10, 27 January 2016
Amortization Expense
PCSAR follows Canada Revenue Agency’s Classes of Depreciable Property guidelines when depreciating assets.
As of 2015-08-31 fiscal year end, PCSAR’s the majority of assets are classified as Class 8 (20%) with the exception of the following:
- Computer: Class 46 30%
- Radios: Class 46 (30%)
- Sierra Command Post: Class 10.1 (30%)
- Pickup Truck: Class 10 (30%)