[Gllug] london hackspace news / Cheap 2nd hand rackmount servers

John Edwards john at cornerstonelinux.co.uk
Sat Apr 2 10:24:03 UTC 2011

On Sat, Apr 02, 2011 at 01:27:49AM +0100, Mike Brodbelt wrote:
> Once kit is fully
> depreciated (3 years in most places) the accounting process of
> writing it off gets much easier.

Reminds me a company in the 1990's that used Mac as control systems
for their lighting equipment, and set the depreciation to be the same
as the lights - 10 years.

So they had to keep these old Macs on their books for 10 years, even
after they were out of date, too slow, unreliable, unmantainable, and
had long been replaced.

There were storerooms with shelves full of old Macs that from the
accounts department's point of view were still worth over half of
their purchase price (and included as such in the assets of the
company). But in reality they were worthless and costing the company
a fair bit of money to keep in storage.

|    John Edwards   Email: john at cornerstonelinux.co.uk    |
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