MACRS Depreciation Table

The MACRS table can be maintained in the MACRS Depreciation Table window in the "Inventory" parameters on the Accounting tab of the Configure System Settings.
An operator must be assigned a Security Role that allows permission to the Accounting - MACRS Depreciation in order to access this table.

This option only applies to depreciation classes that have been set to use MACRS in Depreciation Classes.
Refer to Depreciation Methods for the rules applying to the MACRS method.

Window on the Class field to view and select from depreciation classes using the MACRS method.
For each MACRS depreciation class, enter the percentage rate to be depreciated for each year the equipment is owned.

Note: When first entering inventory in SCS Software, to partially depreciate the 1st year for items acquired at 'Startup', setup a separate MACRS Class in Depreciation Classes and in MACRS DEPRECIATION TABLE, with the adjusted depreciation rate.
Change only Year 01. The remaining years will be the same as the Rate Table of the actual Class.