DEPRECIATION
We bought a used semi truck in Feb 2024 and first use was Dec 2024. Turbo is calculating depreciation with a 3 year life. I think it should be 5 years. Am I right? If so, how do I get Turbo to change the life of this asset?
We bought a used semi truck in Feb 2024 and first use was Dec 2024. Turbo is calculating depreciation with a 3 year life. I think it should be 5 years. Am I right? If so, how do I get Turbo to change the life of this asset?
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