Asset Lifecycle Management - PSFT (MOSC)

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How do we book bonus depreciation for tax book into the previous year once it is closed

edited Feb 16, 2012 6:06AM in Asset Lifecycle Management - PSFT (MOSC) 2 commentsAnswered
Hi,

We applied the bonus depreciation last year on our federal books, but the user just found out that it has to be applied on the AMT books also. But, the year 2011 is already closed. Is there any way that the bonus can be applied to last year.

Any help is appreciated.

Thanks

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