Acquired Assets with a tax book
Hello, I'm hoping for some clarification/direction from the experts.
We are looking to load assets using the WebADI Mass Additions integrator for adding assets of an acquired company to a new corporate asset book that will have a tax book applied to it. The Date Placed in Service (DPIS) that is usually used is the acquisition date which was in 2016 the period of upload will be Feb 2019. These assets will be copied into a tax book at some point in 2019 - Likely in the last period of 2019. I'm wondering if using the short tax year, conversion date and original depreciation start date will help facilitate