Re: Gain /loss for current year retirements in tax books

Hi experts,

Let me put it this way

If an asset is retired in the same year M200  /M150 key does not calculate depreciation for the current year.

I am copying transaction type 250 and creating a new transaction type. The key now being assigned is a midquarter key, but now I see that for tax books the depreciation for the year is calculated. How can I restrict this for assets which are retired in the same year of acquisition.

Thanks,

PBN