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Book Information Fields

Current Accumulated Field

The system uses this book information field in Asset Detail to display the asset's depreciation from the asset's placed-in-service date through the Current Through Date (the last date on which you calculated depreciation). This includes any current year-to-date depreciation. The application automatically updates this field every time you calculate depreciation for the asset. The Current Accumulated amount never includes the 168 Allowance or Section 179 expense deduction because these amounts are displayed separately in  Asset Detail.