Pacun Posted March 6, 2014 Report Share 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 Link to comment Share on other sites More sharing options...
joanmcq Posted March 7, 2014 Report Share Posted March 7, 2014 There's a global settings tab in fixed assets. I ran into this earlier too. Quote Link to comment Share on other sites More sharing options...
Pacun Posted March 7, 2014 Author Report Share 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 Link to comment Share on other sites More sharing options...
DevM Posted March 7, 2014 Report Share Posted March 7, 2014 Go to Asset Global Settings >>Bonus Election on left. This will change only for this client.. Quote Link to comment Share on other sites More sharing options...
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