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Book Information Fields

Current Year-to-Date Field

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