Pacun Posted March 6, 2014 Report Posted March 6, 2014 I have to depreciate a lot of new equipment. A car Startup expenses Power generator etc. When I enter the car, I get $8,000 of qualified special allowance. I do not want to take that. When I try to move the 50% tab to "none", I get a message that I have to change it on the asset global setting but I don't fine any place to change that. I am amortizing startup expenses but it seems to be using 15 years instead of 5 and I am also getting the 50% qualified special allowance. It is late for me so I am going home and I will continue tomorrow. Quote
joanmcq Posted March 7, 2014 Report Posted March 7, 2014 There's a global settings tab in fixed assets. I ran into this earlier too. Quote
Pacun Posted March 7, 2014 Author Report Posted March 7, 2014 Any one knows exactly where I have to change? Will this change only this client or everyone? How about the category for startup cost? It is giving me 15 years and I want to make a deal for 5. Quote
DevM Posted March 7, 2014 Report Posted March 7, 2014 Go to Asset Global Settings >>Bonus Election on left. This will change only for this client.. Quote
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