Hello asimpson08,

It really depends on your purpose here. For Tax purposes and you are taking the 168, it is not really possible since the 168 is always taken in the Month the asset is Placed-in Service so to account properly for those asset s the year end numbers will need to be adjusted.

For Internal purposes, there is How to force depreciation where the Beginning Date is in the current year and the Beginning YTD and Accum are the same amount that will prevent the Prior accum from changing. There is also How to add old assets which might help.

And Yes, all this would need to be done in Depreciation. There is nothing in the Asset creation process in Planning (CIP) that can override the depreciation.

~Delray

Delray, Thank you for your response, how about bringing the asset up to date with the depreciation for Book and Tax for the assets disregarding the 168? without disturbing the 2021 balancing.  Is there some calculation that can be done or do we just let them depreciate with the date we actually put the asset on the books?

I keep looking at this and cannot see any other answer than has already been given. Without some manual effort, there is not going to be a calculation the program will give which is going to ignore the prior accum.

In the Program, Prior accum = current accum less the current YTD. Only manipulating the Beginning information so that the beginning accum and YTD are the same is going to prevent a change in the prior totals.

~Delray

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