I thought the cap for luxury autos changed from $18,200 to $20,200 in 2023 but I have some autos still showing 18,200. I did confirm PIS dates, so I am not understanding why so of my autos are not showing the max bonus amount.
I thought the cap for luxury autos changed from $18,200 to $20,200 in 2023 but I have some autos still showing 18,200. I did confirm PIS dates, so I am not understanding why so of my autos are not showing the max bonus amount.
Hi, we are in the 2023.1 version, and these are autos PIS 1/1/23 that are showing the 18,200. Should we open a ticket?
Hi, we are in the 2023.1 version, and these are autos PIS 1/1/23 that are showing the 18,200. Should we open a ticket?
OK, then that means the assets were not entered into the 2023.1 version. You will need to change the depreciation method from MA200 to MF200 (resetting to the Placed-in Service date) and back again to get the program to recalculate the bonus.
~Delray
*Community Hub is the new name for Sage City