MACRS Convention Switch Window
Follow the guidelines provided below to complete the fields on the MACRS Convention Switch window.
Items in this window
| Item | Notes |
|---|---|
| Books | Select the book(s) on which you want to perform the MACRS Convention Switch. |
| [Select All] / [Unselect All] | Select this link to either select the check boxes for all available books or to clear the check boxes for all available books. |
| Fiscal Year End | Use this field to type the fiscal year-end for the year in which you want the system to evaluate assets for the MACRS Convention Switch. You can also select the down arrow and select the fiscal year-end from the pop-up calendar. |
| Half-year Convention | Select this option to switch assets from the midquarter convention to the half-year convention. |
| Midquarter Convention | Select this option to switch assets from the half-year convention to the midquarter convention. |