| # Print Vintage/Group Accounts (tffam7470m000) Use this session to print the ADR Vintage accounts and MACRS Group accounts. Vintage/Group Acct You use vintage or group accounts to associate and maximize the United States tax deduction for assets subject to asset depreciation range (ADR) and modified accelerated cost recovery system (MACRS) group depreciation. You can create either a MACRS group account, for any MACRS asset placed into service after 1994, or an ADR Vintage account, for assets placed into service prior to 1980. Assets in a vintage or group account are depreciated as a group, and are subject to different disposal rules than assets that are not part of an account. Vintage/Group Acct You use vintage or group accounts to associate and maximize the United States tax deduction for assets subject to asset depreciation range (ADR) and modified accelerated cost recovery system (MACRS) group depreciation. You can create either a MACRS group account, for any MACRS asset placed into service after 1994, or an ADR Vintage account, for assets placed into service prior to 1980. Assets in a vintage or group account are depreciated as a group, and are subject to different disposal rules than assets that are not part of an account. Home Currency One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies From the Tools menu, choose Rotate Currency to switch home currencies. |