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What are the typical useful lives of capital assets?
What are the typical useful lives of capital assets?
The range of useful lives for categories of capital assets are as follows:
Furniture – 10-15 years
Vehicles – 5 years
Computers and other IT Assets – 4-10 years
Other equipment – 5-10 years
Landscape Improvements – 10 years
Building Improvements – 10-30 years
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Check out this article I found in the Client Portal knowledge base.<br /><br /><a href="https://sju.teamdynamix.com/TDClient/1942/Portal/KB/ArticleDet?ID=135029">https://sju.teamdynamix.com/TDClient/1942/Portal/KB/ArticleDet?ID=135029</a><br /><br />What are the typical useful lives of capital assets?