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  1. Fixed Assets - MACRS depreciation

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    submitted  ·  3 comments  ·  For small businesses » Accounting features  ·  Admin →
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    James Kruse commented  · 

    I've run into this issue just now when adding Real Estate fixed assets in the USA. The mid-month MACRS depreciation is required for these assets over a 27.5-year lifetime. I am unable to recreate this depreciation schedule with the tools available in Xero. The full month option overestimates the depreciation by a whopping 9.3%.

    James Kruse supported this idea  ·