Tax book depreciation ceilings not working as expected.
I am trying to set up tax books for the first time and I am having an issue with the tax ceilings not behaving as I would expect. I am attaching the setup and a sample asset. I would expect the asset to have 12,685 depreciation reserve at the end of 2013 but instead it is showing 22,685. Any help anyone can give would be greatly appreciated.