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Tag: MCAR

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Handling US Tax Depreciation in SAP (Part 6): IRS Passenger Vehicles

In Depreciation, ECC, Fixed Assets, S/4HANA, SAP Solutions, TaxPosted April 6, 2021

If you're here then you probably already know about how the IRS has a separate depreciation schedule for passenger vehicles (including electric vehicles). This was referred to as luxury auto depreciation. This blog will show you that it can easily be done in SAP.

Tags: AMT, Depreciation, FI-AA, Fixed Assets, MACRS, MCAR, Tax
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