To activite new deprecation keys in existing assets

Hi Gurus,
Is there any way to change deprecation keys in already existing assets?. we need to enter deprecation keys with bonus deprecation for tax purpose. And also can we change keys in already closed year if yes how can it be done.

Is there any way to change deprecation keys in already existing assets?
Yes
And also can we change keys in already closed year if yes how can it be done.
Once the year is closed you will not be able to run depreciaiton unless you want to re-open the closed fiscal year, re-run deprec, reconcile and close. Once you have changed the config of ur deprec key to reflect bonus deprec, just run AFAR (recalculate deprec) in current open fiscal year.
Also search on this forum with term "Bonus Depreciation" to find out .. it has been explained many times here.

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