Question Status

Sheila O. asked a question on 31 Jan 2014 1:31 PM

I am working with a customer who added quite a few assets this after June of 2013, and she is trying to run a Projection of depreciation for the TAX book and these new assets are not getting projections calculated.  Is there a set we are missing?  They are set up as 200% DB, Mid-Quarter No Switch with a minimum of 5 years for life.  They are also set up for 50% special depreciation allowance. 

Any insights to what is wrong with these setups in the TAX book would be appreciated.  Depreciation is working as expected in for the FINANCIAL book.

Thank you,


Heather Roggeveen responded on 2 Feb 2014 1:09 PM

Has the asset got an original life set - that can stop it.