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Overview:

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  • Book Method
  • Federal Tax Method
  • State Tax Method

Benefits:

  • Ability to user define multiple depreciation bases for PENTA to track
  • Flagging a depreciation base as 'Book' tells PENTA to automatically book all depreciation accounting entries

Roles:

  • Fixed Asset Manager
  • Accounting Manager
  • CFO

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  • Fixed Asset Management > Setup > Depreciation Bases

Video:

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urlhttps://vimeo.com/manage/videos/316126443/995e8a98cf