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EXCEL - IDEA: XBRL DOCUMENT - Teleconnect Inc.Financial_Report.xls
10-K - FORM 10-K - Teleconnect Inc.v330446_10k.htm
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v2.4.0.6
PROPERTY AND EQUIPMENT
12 Months Ended
Sep. 30, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

7. PROPERTY AND EQUIPMENT

 

Property and equipment was comprised of the following as of September 30:

 

    2012     2011  
Software   $ 3,021,826     $ 3,155,740  
Kiosks & terminals     900,316       784,021  
Computers     64,351       77,031  
Office equipment     18,065       26,885  
      4,004,558       4,043,677  
Less: Accumulated depreciation     (1,585,172 )     (845,554 )
Net property and equipment   $ 2,419,386     $ 3,198,123  

 

Depreciation and amortization of $818,521 and $766,002 were included in the consolidated financial statements for the years ended September 30, 2012 and 2011, respectively.