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Former Member
Jul 23, 2010 at 05:41 AM

US tax depreciation area

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Hi,

There's requirement for US tax depreciation area that new asset is using mid-year convention, however, if the purchase value for the last quarter exceeds 75% of the full year purchase, the depreciation have to be switched to mid-period convention.

Can anyone advise how is this configured in the system?

Thank you

YL