Bonus Calculation in SAGE Fixed Asset

SUGGESTED

We have a few assets that are not capturing bonus in the Sec 168 Expense Column but are unsure why. We have tried the force recalculation and that did not work. Has anyone else had this happen?

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  • 0 in reply to Lauren Fleming
    SUGGESTED

    It must be something in the Calendar, so the next suspect is the Business start date.

    The rule is that the Business start date must be the first of the month so that will be a part of the rest of this.

    I would start with changing the Business start date to something else. The Default is 1/1/1920, it is currently 1/1/1920, I would change it to 1/1/1921, click OK, and then Yes, and if you really would to, change it back and then re-run depreciation.

    It does not really matter what the Business start date current is, change the year, change it back, but it must be the first of the month when you are done.

    ~Delray