joanmcq Posted February 21, 2014 Report Share Posted February 21, 2014 Client wants to elect out of bonus depreciation; I added the elections statement and checked the appropriate election, but the fixed asset manager isn't recognizing the election. I've closed the client, closed the program, nothing works. Only thing I can think of is to not check 'new' for each asset.... any ideas, fixes? Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted February 21, 2014 Report Share Posted February 21, 2014 Did you go to the 'Asset Global Settings " tab on the FA page? Quote Link to comment Share on other sites More sharing options...
joanmcq Posted February 21, 2014 Author Report Share Posted February 21, 2014 Ah, let me try that. Quote Link to comment Share on other sites More sharing options...
imjulier Posted February 21, 2014 Report Share Posted February 21, 2014 It didn't work for me either by making the election in Asset Global Settings. I just selected "none" from the asset entry tab and it seemed to work. But probably not technically correct. Quote Link to comment Share on other sites More sharing options...
joanmcq Posted February 22, 2014 Author Report Share Posted February 22, 2014 Global settings worked for me. Don't forget the elections statement! Quote Link to comment Share on other sites More sharing options...
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