Fixed Assets - EBS (MOSC)

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Update Life in TAX BOOK: Upload Tax Interface Program

edited Oct 21, 2017 5:00AM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Hi All,

I'm trying to update the life for an asset in Tax Book and it's getting updated to incorrect value:

Before

Method : MACRS 50B HY

Life Years : 5Y 0 M

DPIS: 1-MAR-2016

PRORATE Convention: HALF YEAR

PRORATE Date: 01-JUL-2016

Remaining Life from DPIS Years : 3y 7 m

Remaining Life from Prorate Date Years : 3y 11 m

I changed the method to STL and life to 5Y 4M but it resulted below:-

After

Method : STL

Life Years : 1Y 8 M

DPIS: 1-MAR-2016

PRORATE Convention: HALF YEAR

PRORATE Date: 01-JUL-2016

Remaining Life from DPIS Years : 0y 3 m

Remaining Life from Prorate Date Years : 0y 7 m

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