Hello Brenda.Schena,

It depends on the need for the other companies. The books available in the US company is 7 books and these are setup to follow US tax laws and not at all setup to be able to handle any specific setup for Canadian tax depreciation methods. You can use SL depreciation method in the US company for Canadian assets that need to be tracked. The max books in this setup is 7 and there is no option to add more. The Canadian organization is setup to follow the tax rules and tax classes for Canadian tax regulations. Therefore that was recommended so that you can get the right information for these records. The Canadian organization within the Fixed Assets Depreciation application can give you 3 books total (Financial, Budgetary 1 and 2). How many books are needed to track for US purposes and how many are needed for Canadian purposes?

Respectfully,

Lovisa