{% extends '_include/base.html.twig' %} {% block title %}Fixed Assets — MACRS Depreciation{% endblock %} {% block breadcrumbs %} {% endblock %} {% block page_title %}MACRS Depreciation — Fixed Assets{% endblock %} {% block page_actions %} {% if profile %} Add Fixed Asset Depreciation Report {% endif %} {% endblock %} {% block content %} {% set currency = display_currency() %} {% if profile %}
| Asset Code | Description | Category | Acquisition Date | Cost Basis | MACRS Class | Convention | Section 179 | Accum. Depreciation | Status | |
|---|---|---|---|---|---|---|---|---|---|---|
| {{ asset.assetCode }} | {{ asset.description }} | {{ asset.category|replace({'_': ' '})|title }} | {{ asset.acquisitionDate|date('m/d/Y') }} | {{ asset.acquisitionCost|format_currency(currency) }} | {{ asset.macrsClass }}-year | {{ asset.macrsConvention }} | {{ asset.section179Deduction|format_currency(currency) }} | {{ asset.accumulatedDepreciation|format_currency(currency) }} | {{ asset.status|title }} | View |
| MACRS Class | Property Type | GDS Recovery | Convention |
|---|---|---|---|
| 3-year | Tractor units, horses, small tools | 3 years | Half-year |
| 5-year | Computers, vehicles, office equipment | 5 years | Half-year |
| 7-year | Office furniture, most business equipment | 7 years | Half-year |
| 10-year | Water transportation, fruit trees | 10 years | Half-year |
| 15-year | Land improvements, restaurants | 15 years | Half-year |
| 39-year | Nonresidential real property | 39 years | Mid-month |