How to change the write-off method of an investment | Scribe

    How to change the write-off method of an investment

    • Randy Strauss |
    • 14 steps |
    • 2 minutes
      1
      Select the Capital Investments form.
      2
      In this example the Tangible Capital investment is having its write-off changed. Select the stream by left-clicking on a cell in the stream.
      3
      Press the F4 key to display the stream's parameters.
      4
      Select the desired Asset to add change the investment. Be aware of the affects of inheritance. Any previously evaluated descendant Asset will have different AFIT results after this change.
      5
      Right-click on the investment digital stream to pop-up the menu.
      6
      Select the Capital Adjustment option.
      7
      The Tax write-off currently is set to ACRS7 depreciation. This method is under the Scheduled Depreciation group. Displaying the grouping drop-down list by clicking on the triangle to the right of "Schedule Depreciation".
      8
      Select Formula Depreciation.
      9
      This example is switching the tax depreciation to straight line. Select StraightLine.
      10
      Several write-off types require addition parameters. Straight line is one of them. Select the Parameters button.
      11
      A StraightLine write off requires the life of the write-off. This example is using 10 as the number of years.
      12
      Type 10 and press the enter key.
      13
      Select the OK button to exit the StraightLine Parameters.
      14
      The write-off has been modified. Select the OK button to exit the Capital Adjustment dialogue.
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      Tip! The dialogue has an additional field to add a date for the point at which the depreciation is to start.