Turn Off Section 179 Limits for an Additional Book

You can turn off the section 179 deduction for an additional book after you have applied the 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, Vision recalculates the accumulated depreciation without the section 179 deduction.

To turn off section 179 deduction limits, complete the following steps:

  1. From the Vision Navigation menu, click Configuration > Asset Management > Additional Books.
  2. In the Additional Books grid of the form, 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, Vision recalculates the accumulated depreciation without the section 179 deduction.
  4. Click Save.