Fixed Assets - EBS (MOSC)

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100% Bonus Depreciation

edited Mar 9, 2011 8:39AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
Hello, We applied the patch for 100% bonus depreciation for the 11i instance.

I used the following steps to test the patch
Created a test asset.

In the Asset Categories screen, end dated 'Placed in Service' for 2010 and added new record for 2011.

Then, queried Asset number under “Asset Workbench.”

Under “Books” query FED.

Under “Methods” I believe we changed this from MACRS 100B H. Life years 5 years.

Saved the results and ran depreciation and periodic mass copy for the Corp and Fed books.


It still didn't depreciate. I believe I am missing some step. Can someone please help?

Thanks,
Arati

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