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ASSET REBATE

misskeiko
Level 4

Hi,

If the asset was already expensed using section 179 in prior years and it got a rebate in this year, how should I report the rebate in Lacerte?

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IRonMaN
Level 15

Income


Slava Ukraini!

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3 Comments 3
IRonMaN
Level 15

Income


Slava Ukraini!
misskeiko
Level 4

I agree! So I should not change the asset value in Lacerte or QBO, right?

Thank you~

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IRonMaN
Level 15

Correct!  And you betcha!


Slava Ukraini!