Dynamics GP
Dynamics GP
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Intercompany Transfer of Fixed Asset with Section 179 Balance
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Intercompany Transfer of Fixed Asset with Section 179 Balance
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We are trying to transfer a group of assets to a different company. We normally do net book values transfers. However, several of these assets have section 179 deductions and we file a consolidated tax return, so we need the section 179 deduction to remain the same on the assets in their new company. Any suggestions?
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Aimee Bramley
Manager, Financial Reporting & Compliance
National Automobile Dealer Association
Tysons, VA
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