Use Mid-Quarter Convention - Prior Year Assets

Use the Use Mid-Quarter Convention - Prior Year Assets window to tell the application that a newly entered asset that was purchased in a prior year was subject to mid-quarter convention in its year of purchase. You would normally use this command only when converting or entering existing assets from another application.
To open this window, open the Asset Detail dialog and select Tasks, then Use Mid-Quarter Convention.

Fields & buttons

Mark this checkbox to calculate MACRS depreciation using mid-quarter convention for the current treatment.
Mark this checkbox to calculate all treatments using mid-quarter convention for the current asset.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close