ADR and MACRS group electionDuring asset entry, you can make an asset eligible for asset depreciation range (ADR) or modified accelerated cost recovery system (MACRS) group tax reporting by assigning a vintage/group account to the asset in the Asset Details (tffam1600m000) session. You can also assign a vintage/group account to an asset that has been capitalized by performing an adjustment on it. When you assign a vintage/group account, LN ensures that the in-service year on the asset is the same as the year on the account. If the in-service year matches, LN adds the asset to the vintage/group account and sets the asset's life, frequency, depreciation method, and depreciate below salvage fields in the ADR book to the same values set for the account. Assets in a vintage/group account depreciate as a unit instead of individually, and are subject to different disposal and transfer options.
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