To apply midquarter convention to assets, see How to Apply Midquarter.

Tax Methods

• MF - MACRS Formula that comes with three percentages. 150% and 200% for declining balance calculations and 100% for MACRS Straight-line calculations
• MA - MACRS Formula + 168 allowance that comes with three percentages. 150% and 200% for declining balance calculations and 100% for MACRS Straight-line calculations
• MT - MACRS Table that comes with three percentages.150% and 200% for declining balance calculations. It uses 100% for MACRS Straight-line calculations
• MI - MACRS Formula Indian Reservation that comes with two percentages. 150% and 200% for declining balance calculations
• MR - MACRS Formula Indian Reservation + 168 allowance that comes with two percentages. 150% and 200% for declining balance calculations
• AD - ADS Straight-line MACRS
• AA - ADS Straight-line MACRS + 168(k) allowance
• AT - ACRS Table
• SA - Alternate ACRS Table
• ST - Alternate ACRS Table
• RM - Remaining value over remaining life, Mid-month convention
• RH - Remaining value over remaining life, Half-year convention

 NOTE: Except for the RM and RH methods, the Tax Methods convention will vary depending on the asset's critical depreciation values. These include Property Type, Placed-in-Service Date, and Life of the asset as you entered into the Sage Fixed Assets program. 

For Example, MF100 will typically calculate a half-month of depreciation in its first and last month. If the life is less than 20 years the convention changes to half-year.

GAAP Methods

• SL - Straight-line, Mid-month convention
• SF - Straight-line, Full-month convention
• SB - Straight-line, Full-month convention + 168(k) allowance
• SH - Straight-line, Half-year convention
• SD - Straight-line, modified Half-year convention
• DB - Declining-balance (125%, 150%, 175%, and 200%) switch to SL when optimal
• DC - Declining-balance (125%, 150%, 175%, and 200%) no switch to SL
• DD - Declining-balance (125%, 150%, 175%, and 200%) modified half-year, switch to SL when optimal
• DH - Declining-balance (125%, 150%, 175%, and 200%) Half-year, switch to SL when optimal
• DE - Declining-balance (125%, 150%, 175%, and 200%) modified Half-year, no switch to SL
• DI - Declining-balance (125%, 150%, 175%, and 200%) Half-year, no switch to SL
• YS - Sum-of-the-years'-digits, Mid-month
• YH - Sum-of-the-years'-digits, Half-year convention
• YD - Sum-of-the-years'-digits, modified Half-year convention
• RV - Remaining value over remaining life, Full-Month convention
• OC - Own depreciation calculation
• NO - Don’t depreciate

Canadian methods: (available only in Canadian companies)

• DM - Canadian Declining-balance, Mid-month convention, 30% default rate but can be anything from 1% - 99%
• DL - Canadian Declining-balance, Full-month convention, 30% default rate but can be anything from 1% - 99%
• DY - Canadian Declining-balance, Half-year, 30% default rate but can be anything from 1% - 99%

Helpful Resources

• See the Search Tab in Help Topics for more information on specific methods. Go to Help, Help Topics, Search tab.
• For additional information including depreciation tables available in the program, see the Depreciation Fundamentals Guide.
• How to create a custom depreciation method.