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Depreciation Keys - Declining Balance Half year Convention

former_member612894
Participant
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1,389

Hello,

Does S4HC provide depreciation keys in USA for declining balance half year method (without bonus calculation)? We only see keys Y150 and Y200 which are for mid-quarter convention. It is mandated that my client uses half year convention instead of mid-quarter convention.

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former_member612894
Participant
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Lucian,

The keys you mention (S150, S200, S151, S251) are not available in our system. Below is the full list available to us as we retrieved from the "Depreciation Key: Display Details" app

DepKy Name for whole depreciation

0000 No depreciation and no interest

GWG LVA 100 % Complete write off

LINS Str.-line over rem.life pro rata to zero

M150 MACRS 15, 20 years property

M200 MACRS 3,5,7,10 years property

MANU Manual depreciation only

SU00 No depreciation - US Accounting Principle 12 per.

SUL1 SL Current Month

SUL2 SL Modified MM

SYD1 Sum-of-the-Years-Digits

Y000 No Depr No Interest Current Month Convention

Y150 DB 150% Half Year w/Bonus

Y151 DB 150% MQTR w/Bonus

Y200 DB 200% Half Year w/Bonus

Y201 DB 200% MQTR w/Bonus

YLA1 Luxury Auto

YLA2 Luxury Auto w/Bonus

YQ15 DB 150% MQTR Convention

YQ20 DB 200% MQTR Convention

YSL1 SL Current Month

YSL2 SL Mid Month

YSL3 SL Next Month

YSL4 SL MQTR

YSL5 SL Half Year

YSX1 SL Current Month w/Bonus

YSX2 SL Mid Month w/Bonus

YSX3 SL Next Month w/Bonus

YSX4 SL MQTR w/Bonus

YSX5 SL Half Year w/Bonus

Lucian
Product and Topic Expert
Product and Topic Expert
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Hi Jacob,

if you have USA as country activated in the system and the SXXX keys are not there when you select 1710 in the app Depreciation Key: Display Details you need to open a customer incident so that the support team can check why the content is not activated.

Regards,

Lucian