Good afternoon,
We are an start-up research organization in the process of purchasing (and
entering into our accounting system) many, many pieces of lab equipment,
including DNA sequencers, microscopes, flow cytometers, etc. As we are
attempting to establish the depreciable lives of these assets for accounting
purposes, I wanted to see if anybody had any guidance for me or could share
their general depreciation methods or lives with me. I wanted to make sure
we are depreciating our equipment 1) consistently with other similar
organizations in our industry, and 2) reasonably in the eyes of the NIH.
Any reponse would be greatly appreciated! Thanks!
Pat
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Pat Kaufman
Stowers Institute for Medical Research
PH: 816-926-4027 FX: 816-926-2007
xxxxxx@stowers-institute.org www.stowers-institute.org
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