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When you are importing fixed assets from prior years that have been depreciated with section 179 depreciation or the special depreciation allowance do you include the prior section 179 depreciation and/or special depreciation allowance in the accumulated depreciation figure?
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I import Fixed Assets in a historically accurate fashion. I import the acquisition date, cost, and other settings as if I were entering the asset by hand, on the day of the acquisition. I then run the depreciation and GL interfaces, and tie things out to my source documentation. This should be done in a test database before doing this in a live database.
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