New 2011 Tax Book for 100% Bonus Depreciation
We are planning on creating a 2nd tax book(named Fed Tax) to utilize the 100% Bonus Depreciation Rules. We would then use our existing tax book for State Tax.
The problem we have come up with is that we have some assets that have transferred companies during 2011. After creating the new tax book and performing the initial mass copy, we can not use the TAX_UPLOAD_INTERFACE to update assets with historical(former company) depreciation.
How are other companies handling this situation? We would love to create a 2nd tax book that duplicates all of the data in our existing tax book. However, Oracle does not provide a means to do this. Only a means to create a new tax book, pulling assets from the corporate asset book with only the current assignment data and an interface/api that will only allow updating information on an asset against only it's current assigned company. Unacceptable.