Disable Section 179 Limits for an Additional Book

You can disable the section 179 deduction for an additional book after you have applied section 179 deductions to asset items and the depreciation that was processed for the asset items. After you clear this option, the next time that you process depreciation, DPS recalculates the accumulated depreciation without the section 179 deduction.

To disable section 179 deduction limits:

  1. From the Navigation menu, click Settings > Accounting > Asset Management .
  2. On the Additional Books tab, in the Additional Books grid, select the additional book for which you want to turn off section 179 limits.
  3. Clear the Section 179 check box for this book. The next time that you process depreciation, DPS recalculates the accumulated depreciation without the section 179 deduction.
  4. Click Save.