Generate a section 179 expense report including prior year amounts
Follow these steps to create a custom report that will total all prior year and current year Section 179.
- SelectSetupand thenCustom Reports.
- SelectAdd.
- Enter aDescriptionfor this report, leave theTemplatefield blank and selectContinue.
- Select all general information you'd like to include in the report (e.g. Asset Number, Description, and Date In Service).noteTo include a column with only current year Section 179 amounts, select the Current Year Sec 179 Expense variable from the appropriate category (e.g. Tax, Book). To include a column with only prior year Section 179 expenses, follow these steps.
- SelectAdd Calculated Column.
- In theColumn title, line 1:field, enter a title for this column (i.e. Prior Sec 179).
- In the list of variables, selectTax Section 179 Expense. This variable is now added to theFormulafield.
- Selectminus.
- SelectTax Current Year Sec 179 Expense.
- SelectOK.
- SelectAdd Calculated Column.
- In theColumn title, line 1:field, enter a title for this column (i.e. Total Sec 179).
- In the list of variables, selectTax Section 179 Expense.This variable is now added to theFormulafield.
- Selectmultiplication.
- Enter1in theNumber to use in formulafield.
- SelectOKandContinue.
- Select your print options and selctOK.
- SelectDone.
- To print this custom report, selectFileand thenPrintand select the new report from the Custom tab.