Automatically Populate the ACE Conversion Table
The Populate ACE Interface Table program uses the existing asset information in your federal and AMT tax books to load the table. Cost, depreciation rule, and rate adjustment factor information comes from the FA_BOOKS row that was active for the source tax book at the beginning of fiscal 1990. Accumulated depreciation information comes from the FA_DEPRN_SUMMARY row for the source tax book for the last period in fiscal 1989.
The program creates a row in the table for each asset in the ACE book that you placed in service before the end of fiscal 1989.
See Also
Adjusted Current Earnings
About the ACE Interface
ACE Conversion Table
Manually Load the ACE Conversion Table
Updating a Tax Book with Accumulated Depreciation