Copying asset tax credit tables

  1. Select Application Administration > Financials > Assets > Setup.
  2. In the Codes And Classes panel, click Tax Credit Tables.
  3. Select the tax credit tables to copy.
  4. Select Actions > Copy Tax Credit Table.
  5. Specify this information:
    Asset Tax Credit Table
    Specify the asset tax credit table.
    Qualifying Percentage
    Specify the qualifying percentage.
    Tax Credit Percentage
    Specify the tax credit percentage.
    Basis Reduction Percentage
    Specify the basis reduction percentage.
  6. Click Submit.