MACRS Depreciation Method and Fixed Assets Content provided by Microsoft Applies to: Dynamics GP 10.0Dynamics GP 2010Dynamics GP 2013Microsoft Dynamics GP 2015Dynamics GP 2016Fixed AssetsFixed Asset ManagementFixed Asset Management More Select Product Version All Products TechKnowledge Content Issue Does the Fixed Assets module allow for the MACRS (Modified Accelerated Cost Recovery System) depreciation method?Resolution While there is no specific method called MACRS, Small Business Manager does accommodate the calculations. Consult your tax book or ask your Tax Accountant for a Depreciation Method, Averaging Convention, Switchover and Original Life combination that the MACRS table is based on for your specific needs.Fixed Assets has several depreciation methods and averaging conventions that can be used in various combinations that should accommodate these needs.Typically a Declining Balance depreciation method combined with an averaging convention and original life is used for MACRS. Once you have the appropriate information from the tax book, set this up in the Book Depreciation Options Setup window (Setup | Fixed Assets | Book Depreciation Options).This article was TechKnowledge Document ID: 31761 Last Updated: 10 Mar 2017 Did this solve your problem? Yes No Tell us what we can do to improve the article Submit Thanks! Your feedback will help us improve the support experience.