Mid year method

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  • legomom922
    Advanced Daycare.com Member
    • Jul 2010
    • 1020
    #1

    Mid year method

    Since you have to pick something in MMK, or it doesnt work, am I right in assuming I would choose mid yr for everything since I opened in June 2010?
    Tags: None
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    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062
      #2
      Mid year

      I think you mean the "half year convention". This is the choice for most items you are depreciating. The only items you would choose "mid-month convention" are the home and home improvements.
      http://www.tomcopelandblog.com
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