Archivado en 17 febrero 2021

Latium Wikipedia

17 febrero, 2021

Construction Helping the construction industry mitigate risk, enhance workflows and build better. Yonder OS Configure, access, & manage networks of data-generating assets, providing an easier way to scale IoT initiatives. ProductsJob Site Insights IoT sensors enable construction & industrial firms to reduce risk and drive better business decisions.

Towns which have been identified archaeologically include Satricum, Politorium, Ficana, Tellenae, Crustumerium, Corniculum, Antemnae, Collatia, Fidenae, Pedum, Apiolae, Gabii and perhaps Querquetulum. Traces of the presence of the Ligures and Sicels remain in the toponymy and onomastics. The JSI suite of products is powered by Yonder™ – a platform that enables construction & industrial firms to configure, access, & manage their network of data-generating assets, providing an easier way to scale IoT initiatives. Next you can complete a biography to let employers and fellow freelancers alike get to know you a little better.

The first option for viewing the categories of projects available on the platform is within the main menu at the top of the platform. Now that you’ve created an account at, you’ll need to identify a project that fits your particular skills and expertise. Portfolio ItemsFinally, after publishing your portfolio you will be presented with your completed portfolio template /preview similar to what is shown below. I want to Hire, or I want to WorkAfter selecting to work, we will complete the On-boarding questions to make your account more visible to prospective employers on the platform. Input the Login Code as supplied in your emailInput the Login Code as supplied in your emailNext, we are presented with an option to jump into creating projects as an Employer or earning as a Freelancer.

  • In fact, many of the oppida had been destroyed or resettled by the Romans during the regal period, namely Caenina, Politorium, Ficana, Cameria, Medullium, Corniculum, Collatia.
  • Today the two water sources are known as the spring of Secciano and the Laghetto di Pavona.
  • According to these sources Latium was first settled long ago by Sicels and Ligures, but many sources contradict or do not state which of the two groups first settled Latium.
  • Its importance was owed to the fact it was a port that afforded a commercial route to the hinterland toward the Alban Hills and Aricia.
  • Next you can complete a biography to let employers and fellow freelancers alike get to know you a little better.

It was occupied by the Aequians probably already in the late 6th century or in the wars led by Coriolanus. Its site is not known with certainty, but it must have stood not far from Praeneste and Labicum. The site of the settlement of the Alban people Aesulani has been identified with the hilltop castrum of Aefulae near ancient Tibur and close to the site of one of the temples of Bona Dea. It was deserted by the original dwellers and later resettled by the Romans, who turned it into a military fort. Discover how the Job Site Insights suite of products is helping the construction industry mitigate risk, enhance workflows and build better. Trusted by some of the biggest names in Heavy Industry today, Latium’s range of field-hardened sensors have set new standards when it comes to operating in severe conditions and providing dependable job site coverage.

It corresponded to the central part of the modern administrative region of Lazio, Italy, and it covered an area measuring of roughly 50 Roman miles. It was calculated by Mommsen that the region’s area was about 1860 square kilometres. Leveraging LoRaWAN the network, Job Site Insights’ suite of industrial solutions delivers unparalleled coverage on even the most remote job sites. JSR allows construction & industrial firms to manage materials and schedule equipment usage to eliminate idle time and bottlenecks.

Being specific and unique helps set your portfolio apart from the competition and better identify why you are appropriate for a given project. The location of the site has not yet been identified with certainty, but it was located near modern Lunghezza, to the east of Rome. Likely it stood on the hill now occupied by the Castello di Lunghezza; which lies at the terminus of the ancient Via Collatina. Livy preserves the formula of their surrender, often cited as example of the deditio in fide. The What is Latium Freelancing platform is full of numerous opportunities for freelancers and employers alike to both create and fund projects, as well as earn by completing these tasks.

It housed a temple of Apollo and the famous spring of Juturna, with nearby Lake Turni being the object of a local cult. Today the two water sources are known as the spring of Secciano and the Laghetto di Pavona. The town of Antemnae was located three miles to the north of Rome on the left bank of the river Anio and close to its confluence with the Tiber. Some of its ruins were discovered in 1880 during excavations to build the fortress «Forte Antenne».

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The ancient language of the Latins, the tribespeople who occupied Latium, was the immediate predecessor of the Old Latin language, ancestor of Latin and the Romance languages. Latium has played an important role in history owing to its status as the host of the capital city of Rome, at one time the cultural and political center of the Roman Empire. Consequently, Latium is home to celebrated works of art and architecture. Bid Under ReviewAfter acceptance of your bid to a project, the workflow is identical to other projects, as you complete the work specified, provide examples, deliverables or screenshots via chat, or the screenshot proof feature. After starting the project, since this is an Instant Hire project, your screen will change at the top of the platform to notate the time remaining to complete your work within the agreed schedule. Latium Fleet Management provides fleet owners & operators with an extensive suite of technology solutions to track, monitor, & optimize any powered and non-powered asset, including trucks, trailers, heavy haulers, light towers, modular structures, and more.

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With a wide selection of categories and employers, the possibilities are endless in both what you want to accomplish, as well as what you want to earn. After starting work on the project or being hired, your next step would be to complete the steps outlined within the employers project. In this case, it was asked to follow Latium Twitter accounts, as well as upload a screenshot proof to prove you’ve completed the project. Time RemainingAnother change you’ll notice is the ability to communicate in chat with the employer directly. From this chat box you can communicate with the employer and you will notice automated messages that outline various actions such as starting work, uploading screenshot proofs or marking the project complete.


Since Romulus made this town into a Roman colony, it fought many wars against Rome. In 502 BC it was destroyed, and its ruins have not yet been found; it was located to the north-east of Rome. These ancient traditions have led some scholars to look for traces of the presence of these peoples in later populations. The historiographer Livy and the lexicographer Festus also repeatedly mention the old Latin towns. Another tradition related by Philistos of Syracuse calls the Sicels Ligurians, whose king was a Sikelos.

The Latin League may not have at all times included all Latin communities, but it never granted the privilege of membership to any that were not Latin. The isolated Alban range, that natural stronghold of Latium, which offered to settlers a secure position, would doubtless be first occupied by the newcomers. Here too are found some primitive works of masonry, which usually mark the beginnings of civilization. By the 10th century BC, archaeology records a slow development in agriculture from the entire area of Latium with the establishment of numerous villages.

The closeness of descent and their common language not only pervaded all of them, but manifested itself in an important religious and political institution—the Latin League. The Latins were tied together by religious associations, including worship of Venus, Jupiter Latiaris, and of Diana at the Lake of Ariccia. So, by virtue of her proximity to the sanctuary of Jupiter, the village of Alba Longa held a position of religious primacy among the Latin villages. Originally, thirty villages were entitled to participate in the league, known as the Alban colonies.

These facts are part of the first expansive drive by Rome toward the sea, which also brought about the fall of Ficana and Tellenae. It was the hometown of Hostus Hostilius’s family and was conquered by Tullus Hostilius, although not destroyed. Its name suggests a relationship to the Ligurian tribe of the Medulli and would appear to be cognate with the Celtic deity Meduna. Strabo mentions two other towns named Medullia, one on the western alps in Gallia and one on the eastern alps in Iapudia. The most important of the Latin towns developed from the ancient populi albenses, Pedum stood between Tibur and Praeneste near modern Gallicano nel Lazio. The site of the Alban people Bolani is frequently mentioned by the historians Dionysius of Halicarnassus and Livy.

Latium Lists Gemini Dollar GUSD

As Niebuhr remarked, once again the total yields the sacred number of thirty, but the sum is made up of different components. It is a mix of some of the members of the populi Albenses and some of the clara oppida. In fact, many of the oppida had been destroyed or resettled by the Romans during the regal period, namely Caenina, Politorium, Ficana, Cameria, Medullium, Corniculum, Collatia. Among the clara oppida of Pliny’s list, Satricum, Norba, Sulmo, Scaptia, Tellenae show up here, and among the populi albenses Bubentum, Corioli, Pedum, Querquetula, Tolerium, and possibly Nomentum. According to these sources Latium was first settled long ago by Sicels and Ligures, but many sources contradict or do not state which of the two groups first settled Latium.


This tradition is followed by Stephanus of Byzantium, who cites Hellanicus of Lesbos as his authority. Please help improve this article by adding citations to reliable sources. Latium is a private equity group that seeks out strategic opportunities and hones high growth potential. We have been in business for the last 30 years and have ownership in multiple sectors spanning accross the UK and USA. Latium USA serves contractors, dealers, architects, specifiers and franchises through our network of 20 strategically located service centers and 4 national manufacturing facilities.

COVID-19 Effects on Remote Freelancing Internationally

Most Active ProjectsWhen actively looking at projects available, there are several key things to pay attention to when reviewing possible projects and considering applying to work. Categories of Work AvailableProjects are also categorized within the front page of the Latium Freelancing page by specific categories, as well as “Newest” and “Most Active”. Newest is self explanatory, and is the newest projects created within the Freelancing platform.

Job Site Staffing helps construction & industrial firms manage job site labor forces, enabling them to efficiently plan and provision labor across their job sites. Fleet Management helps manage the use of vehicles, equipment, and powered assets through a single platform, helping to reduce risk and maximize fleet return on investment. Job Site Access is a software platform designed to manage, control, and secure workforce access on job sites.


A Plain English Guide to the Straight Line Depreciation Method

16 febrero, 2021

how to calculate straight line depreciation

Is the initial purchase or construction cost of the asset as well as any related capital expenditure. If its on the basis of weeks then usually total number of weeks are taken as 52. If its on the basis of days then entity’s policy will decide if it has to take 360 days or 365 days a year. Retained earnings are the profits that remain in your business after all expenses have been paid and all distributions have been paid out to shareholders.

It is easiest to use a standard useful life for each class of assets. Sara runs a small nonprofit that recently purchased a copier for the office. It cost $150 to ship the copier, and the taxes were $600, making the final cost of the copier $8,250. Calculating straight line depreciation is a five-step process, with a sixth step added if you’re expensing depreciation monthly. Compared to the other three methods, straight line depreciation is by far the simplest. Depreciation is an accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value over time.

Straight-Line Depreciation

For example, mobile devices and other tech equipment typically lose most of their resale value when newer models become available, even if the asset is still well within its useful lifespan. Companies tend to use the straight-line method of depreciation for depreciating most of their assets. In the straight-line depreciation method, companies depreciate all of their assets at a constant rate. The amount is calculated at the beginning of the first year, and the same amount is reduced from the asset’s value every year. Examples of fixed assets that can be depreciated are machinery, equipment, furniture, and buildings. Land isn’t depreciated because it doesn’t lose value, instead, it often gains value over time. Businesses have an endless amount of expenses and revenue to keep track of on a day-to-day basis.

Accumulated depreciation is a contra asset account, which means that it is paired with and reduces the fixed asset account. Accumulated depreciation is eliminated from the accounting records when a fixed asset is disposed of.

Straight-line method of Depreciation

And if the business plans to sell the asset before the end of its useful lifespan, the salvage value is likely higher because there’s still time in the asset’s useful life. We record $15,900 per year, which after seven years will be $111,300. We’ll record the final $700 in year eight to arrive at the total cost of $112,000. The small amount of depreciation in year eight is due to the group life being slightly longer than seven years in Step 3. Reed, Inc. also evaluates the incremental borrowing rate for the lease to be 4%. For this example we will assume no other lease incentives, accruals, or initial direct costs are applicable for this lease. Contra AccountContra Account is an opposite entry passed to offset its related original account balances in the ledger.

  • At the beginning of the second year, our $5,000 example asset will be worth $4,000.
  • Examples of fixed assets that can be depreciated are machinery, equipment, furniture, and buildings.
  • Are you a new small business owner looking to understand your tax return a little more?
  • When it comes to tax and accounting purposes, only certain assets are considered depreciable.

Businesses generally use tangible assets, such as equipment and machinery, more heavily in the earlier years. Later on, they use the assets less frequently as they are phased out and newer assets replace them. For tax purposes, the accelerated method allows for higher deductions in earlier years. The straight line depreciation method ensures assets are accurately accounted for in a business’ financial statements.

Final thoughts on straight line depreciation

Sally recently furnished her new office, purchasing desks, lamps, and tables. The total cost of the furniture and fixtures, including tax and delivery, was $9,000.

  • These expenses are paper losses that reduce your taxable income – which ultimately means, you get to keep more of your money and pay less to the IRS each year.
  • Straight line basis is popular because it is easy to calculate and understand, although it also has several drawbacks.
  • To determine your asset’s current value, multiply the depreciation amount per time period by the number of time periods left in the asset’s useful lifespan.
  • This method typically doesn’t apply to real estate investors, with the possible exception of depreciating a work-related vehicle based on mileage driven.
  • Your write-offs will be higher up front if you use an accelerated depreciation method.

The cost basis includes the price you paid for the asset itself, but it also includes extra costs you paid such as sales tax, shipping and handling charges, and installation costs. The salvage value is what you expect the asset to be worth at the end of its useful life. For financial statements to be relevant straight line depreciation for their users, the financial statements must be distributed soon after the accounting period ends. To achieve this requirement, accountants must estimate some amounts. In subsequent years, the dollar amount of annual depreciation will change as the asset’s value at the beginning of the year decreases.

Advantages and Disadvantages of Straight Line Basis

It is calculated by dividing the difference between an asset’s cost and its expected salvage value by the number of years it is expected to be used. Divide the sum of step by the number arrived at in step to get the annual depreciation amount. Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount. Now depending on the type of fraction we will adjust the depreciation expense. Whenever you create a new expense with Debitoor invoicing software, you will be given the option of marking it as an asset. If you mark the expense as an asset, you will then be prompted to enter an estimated useful live and residual value. Our calculator measures asset lifespan in years, but you can switch to another time period if that’s more useful to you.

It is the simplest method because it equally distributes the depreciation expense over the life of the asset. Now, $ 1000 will be charged to the income statement as a depreciation expense for eight straight years. Although all the amount is paid for the machine at the time of purchase, the expense is charged over time. We can also calculate the depreciation rate, given the annual depreciation amount and the total depreciation amount, which is the annual depreciation amount/total depreciation amount. The IRS began to use what’s called the Accelerated Cost System of depreciation in 1986.

If it was acquired or disposed during the year then ideally depreciation expense should be calculated only for the period it was in use instead of whole year. Straight-line method allocates the cost of asset to expense on equal basis to each period that benefit from use of asset during its useful life. In simple words, straight-line method steadily decrease the cost of asset over its useful life. Straight-line depreciation is a method of calculating depreciation whereby an asset is expensed consistently throughout its useful life. An income statement is one of the four primary financial statements. It may go by other names, including the profit and loss statement or the statement of earnings.

In our example, the title transfers, which means at the end of the lease term the lessee will own the asset and continue depreciating it. However, the useful life of the equipment in this example equals the lease term so at the end of the lease, the asset will be depreciated to $0. This lease qualifies as a finance lease because it is written in the agreement that ownership of the equipment automatically transfers to Reed, Inc. when the lease terminates. To evaluate the lease classification, we used the capital vs. operating lease criteria test. Salvage Value Of The AssetSalvage value or scrap value is the estimated value of an asset after its useful life is over.