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Bonus Depreciation with limits

Hello all,

we have created a depreciation key for bonus depreciation, that takes 50% bonus in the first year and we have this combined with key M200 that calculates 20%.

For the 2008 law for luxury cars we need to apply the bonus depreciation + regular depreciation but this cant exceed the max amount of 11600.

I can get the system to stop depreciating beyond 11600 by entering a value in OAW2 but i can only get this at the normal depreciation level. I need this limit to apply at the normal + bonus depreciation level

Any help will be appreciated

Thanks,

Zaid

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2 Answers

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    Former Member
    Oct 30, 2008 at 07:44 PM

    I have this same problem. Can anyone answer this? Thank you for your help.

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    • Hi Mark,

      Its not possible to acihieve those results with half year. I convinced the business that they are getting the same dollar values with start of the year and they are satisfied with using start of the year. The other option would be a user exit.

      Regards,

      Zaid Azam

  • Feb 09, 2009 at 04:59 PM

    solved

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