Bonus depreciation AM 9.1

    Hi ,

We are trying to apply bonus depreciation. Below is the scenario,

All the assets which are purchased after 01/01/2018 with a life of 20 years should have a depreciation bonus of 100% for federal tax books.

This should continue forward from 01/01/2018 . Is there a way to create a depreciation bonus for the the above condition.

I crearted a depreciation bonus as below(setup financials/suply chain->product related->asset management->deprecitaion->bonus depreciation)

Acquisition & In-Service From - 01/01/2018 to 12/31/2038

In-Service from -01/01/2018 to 12/31/2018

I applied the bonus to the profile and ran the AMSEC101 Extract and report. then ran the depreciation calculation. but we are not getting expected results.