Asset Lifecycle Management - PSFT (MOSC)

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Capital operating lease federal and state tax books are not showing depreciation in period 1

edited Apr 5, 2019 8:58PM in Asset Lifecycle Management - PSFT (MOSC) 4 commentsAnswered

The profiles are identical between fixed asset and capital operating lease. It HY convention, Declining Balance w/SL, in service date 1/2/2019. It is starting in July. Why is this occurring?

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