How to apply 168 allowance?


Sage Fixed Assets


  • 30% Allowance on Existing Assets.
  • 50% Allowance on Existing Assets.
  • 100% Allowance on Existing Assets.
  • 168(k) Allowance for 2010 assets
  • How to apply the 168 Allowance?
  • Tax Relief Act of 2010.
  • Economic Stimulus Package
  • Small Business Act of 2010.
  • How to apply the 30%, 50% or 100% Allowance to existing assets?
  • How to apply 168(k) to existing?
  • How to apply the 168(k) Allowance for 2010 assets?
  • How to apply 168k to existing?
  • How to use the 30% or 50% allowance switch?
  • How to use the 100% allowance switch?
  • How to use the 168(k)/168k allowance switch?
  • How to take the 30% and 50%?
  • How to get the 100%?
  • How to apply 168(k) Allowance?
  • How to apply the GO zone depreciation?
  • How to apply 168(k) allowance?
  • How to take advantage of the 2008 bonus
  • Depreciation on previously entered assets?
  • How to apply the 30%/50%/100%/168(k)/Go Zone depreciation?
  • How to switch to 168(k) Allowance?
  • Calculation not changing after applying 168 allowance
  • Current YTD not changing after applying 168 allowance
  • Calculation not changing after removing 168 allowance
  • Current YTD not changing after removing 168 allowance
  • 168 Allowance grayed out
  • 168 Allowance greyed out
  • 168 applied to transferred asset.
  • 168 applied to disposed asset.
  • Apply 168 bonus on transfer asset.
  • Unable to enter 168 allowance in asset detailed view
  • Unable to enter 168 allowance in detail view of asset
  • How to enter 168 allowance
  • Why is 168 allowance grayed out?
  • Why is 168 allowance greyed out?


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Note: See Additional Information section for YouTube video link.

In Sage Fixed Assets, Use the 168 Allowance Switch:

Note: The 168 Allowance Switch will not affect assets that have been Disposed or Transferred. In order to make changed to those Disposed or Transferred assets, the transaction must first be deleted. From the Asset Detail view, Go to: AssetDelete Last Transaction, then apply the 168 allowance.

  1. In the Assets List View: Select at least one asset.Note: The 168 Allowance Switch will be grayed out if at least one asset is not selected on the Asset List.
  2. Select Depreciation, then 168 Allowance Switch.
  3. Select the Group (Optional), Book(s), Enter the Fiscal Year end for asset(s) to be change Placed-in-Service year, Put the dot in Take the 168 50% Allowance, Click Execute.
    • Note: To switch those assets Placed in Service between 09/08/2010 to 12/31/2011 and 09/28/2017 to 12/31/2022 to the 100% allowance: Put the dot in Take the 168(k) 100% Allowance, click Execute.
    • Note: The 168(k) Allowance switch will affect asset Placed-in Service in any one Fiscal Year.
    • Note: In the case that different books have different Fiscal Year Ends: Perform the 168(k) Allowance switch option on each book entering the correct Fiscal year for each book.
  4. Re-run depreciation for the books the 168 Allowance was applied using the Force Recalculate option.