Asset Lifecycle Management - PSFT (MOSC)

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Re: How are companies handling tax depreciation on equipment used in employer operated eating facili

edited Mar 1, 2019 5:48PM in Asset Lifecycle Management - PSFT (MOSC) 2 comments

Hi,

I think the bonus depreciation includes all equipment.

In PeopleSoft, you don't need to adjust the cost.  AM_DEPR_CALC calculates the bonus and depreciates the rest.  For example if the bonus is 50%, it calculates 50% of the cost for the bonus.  Depreciation is calculated for the remaining 50% of the cost.

You can log an SR if you have more questions.  We can research this further.

Ligia

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