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Former Member
Feb 23, 2009 at 05:19 PM

Bonus Depreciation for Automobiles

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Hello Gurus,

Please help me in resolving the below issue:

For NEW automobiles placed in service in 2008

Year Bonus Depreciation Deductible Depreciation Allowed

1 lesser of $10,960 or 50% of cost lesser of $10,960 less bonus depreciation

or 20% of depreciable basis

2 lesser of $4,800 or 32% of depreciable basis

3 lesser of $2,850 or 19.20% of depreciable basis

4 lesser of $1,775 or 11.52% of depreciable basis

5 lesser of $1,775 or 11.52% of depreciable basis

6 lesser of $1,775 or 5.76% of depreciable basis

Over 6 $1,775

Based on above requirement we have configured new depreciation key by copying standard SAP MACRS key

Below setting are done for the new depreciation key for TAX area

1. Maximum base value(OAW2) we specified the amount as 18,266

2. In Multi Level method we have specified above mentioned percentages

The key is working fine if the asset is acquired using either of the transaction type 331 or 336.But if the asset is acquired with two Transaction types 331 and 336 then we are not getting the correct values since system is calculating 50% bonus depreciation for both transaction types. Due to which we are seeing more depreciation in first year.