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Hello, I have some assets that were Place in Service on 1/4/17, estimated life of 5 yrs. 6 mo., depreciation ran through 7/31/17, and all have a SL depreciation method. I was notified that assets had to be accelerated to be fully depreciated by 8…

Good morning to all! We are changing the estimated life of our assets from 6 years to 7. There are almost 1,000 assets and I would really enjoy not going into each and every asset in order to make this change. Is there a way to make that change for all…

Background: Our base software was acquired and placed into service on 1/1/2019. Useful life is 5yrs. Enhancements were done and placed into service on 4/1/2019. What is the best approach for the setup of the enhancement asset? Setup as a separate asset…

I think it would be nice to be able to export, update, and re-import asset templates. We have a lot of asset template set up to simplify adding assets.Since it requires a date / year to be entered it would be nice to update them on an annual basis. I…

Hi - I have two questions. First, back in 10/31/19, we changed the estimated lives of all assets that had either 30 years or 27.5 years to 40 years in the tax books. At that time, we made the change using the "current thru date" not realizing that the…