Login
Register
Search
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Forums
Enterprise Asset Management
M3 Enterprise Asset Management
Assets expensed for tax purposes --How to do it?
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Who's On?
Membership:
Latest:
Jessica
Past 24 Hours:
2
Prev. 24 Hours:
0
Overall:
5164
People Online:
Visitors:
393
Members:
0
Total:
393
Online Now:
New Topics
Top Forum Posters
Name
Points
Greg Moeller
4184
David Williams
3349
JonA
3288
Kat V
2984
Woozy
1973
Jimmy Chiu
1883
Kwane McNeal
1437
Ragu Raghavan
1348
Roger French
1311
mark.cook
1244
Forums
Unanswered
Active Topics
Most Liked
Most Replies
Search Forums
Search
Advanced Search
Topics
Posts
Prev
Next
Forums
M3 Enterprise Asset Management
Assets expensed for tax purposes --How to do it?
Sort:
Oldest First
Most Recent First
You are not authorized to post a reply.
Author
Messages
Jeanne Boitano
New Member
Posts: 2
4/26/2012 4:37 PM
Hello,
How do I set up a Depreciation Method so that the asset will fully depreciate in the current fiscal year? We have assets that need to be 'expensed' on tax books, and depreciate out for the life of the asset on the financial book.
I created a new depreciation method in AM02.2 using the percentage tab with Year 1 = 100 -- however if the asset is placed in service, for example, in Per 4 - I want it to still be fully depreciated (on tax books only) after running depreciation in Per 12.
Is there something I am missing ? Any ideas on how to fully depreciate the asset on tax books fully in the current fiscal year??
Much thanks !
Tags:
Asset Management Depreciation
You are not authorized to post a reply.