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.