{% 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 %}

Fixed Asset Register — {{ profile.companyName }}

{% if assets|length > 0 %} {% for asset in assets %} {% endfor %}
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
{% else %}
No fixed assets recorded. Add First Asset
{% endif %}

MACRS Reference — IRS Publication 946

MACRS ClassProperty TypeGDS RecoveryConvention
3-yearTractor units, horses, small tools3 yearsHalf-year
5-yearComputers, vehicles, office equipment5 yearsHalf-year
7-yearOffice furniture, most business equipment7 yearsHalf-year
10-yearWater transportation, fruit trees10 yearsHalf-year
15-yearLand improvements, restaurants15 yearsHalf-year
39-yearNonresidential real property39 yearsMid-month
{% else %}
No fiscal profile found. Create one first.
{% endif %} {% endblock %}