Chair7
Member
Fixed Asset Method not Calc\'ing Half Period
Our consultants just left and we found that one of our Methods is not calc'ing right in the disposal year. Frist off is this the right forum or should I be in the App forum. Trying to see if anybody else has used this method and what their set up was.
Dep Method: 01 - Straight Line
Term Apportionmnet: P - Middle of Period
Compute Direction: I - Inception to Date
Life: 378 Periods (Standard Tax Nonresidentail Real Property Mid-Month Convention Straight Line-31.5 from IRS table).
We are using a 999 method and looking for help on what the Depreciation Formula should be. Our current setup is not calc'ing the half period in the disposal period.
Clarke
Our consultants just left and we found that one of our Methods is not calc'ing right in the disposal year. Frist off is this the right forum or should I be in the App forum. Trying to see if anybody else has used this method and what their set up was.
Dep Method: 01 - Straight Line
Term Apportionmnet: P - Middle of Period
Compute Direction: I - Inception to Date
Life: 378 Periods (Standard Tax Nonresidentail Real Property Mid-Month Convention Straight Line-31.5 from IRS table).
We are using a 999 method and looking for help on what the Depreciation Formula should be. Our current setup is not calc'ing the half period in the disposal period.
Clarke