Re: [AFMUG] Depreciation Recapture

[Jesse DuPont]

We treat them as assets throughout the year so we can have a better sense of EBITDA, but our accountant pushes them all to "Supplies" at the end of the year since they're not truly assets by GAAP standards and then we won't have recapture down the road, if that ever happens.  Jesse DuPont Owner / Network Architect email: jesse.dup...@celeritycorp.net Celerity Networks LLC / Celerity Broadband LLC Like us! facebook.com/celeritynetworksllc Like us! facebook.com/celeritybroadband   On 2/21/22 2:35 PM, Chuck McCown via AF wrote: Do  you guys expense SMs as you go or call them assets and do a mass depreciation each year?   I know we had to reverse a bunch of depreciation when we sold the wisp.  Depreciation Recapture.  Bunch of crap if you have never heard of it before and were not expecting it.

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