>>Hello All,
>>
>>I hope this is okay to make the following request through this category.
>>
>>I was wondering if anyone had done any work on a simple application to calculate depreciation schedules for racehorses.
>>
>>We want to do something in house but would be willing to look at purchasing source code in vfp6 depending on suitability.
>
>
>James,
>
>It's not clear to me why the tax treatment for the depreciation of horses is different from other depreciable assets. Why wouldn't a standard financial accounting product serve?
Hi Dave & James,
I've been busy so didn't have time to answer till now.
I'm not sure what the specific rules are for depreciating horses but our controller spoke to me about this and it sounded to me like a standard package wouldn't handle it.
We are using SBT to do some things, accounts payable, accounts receivable, general ledger so we're going to contact our VAR to check it out.
I'll let you know what we find out.
Jim Harvey
jharvey@netrax.net