End 2018 with A Software Tax Deduction

November 28, 2018

section 179
Would your business like to save money this year?
There’s still time left!

With 2019 on the horizon, it’s easy to become so distracted by year-end processing and the coming holiday season that you overlook the fact that there’s still ways to increase your 2018 bottom line.

If you make ERP software and equipment purchases before December 31st, the Section 179 Deduction is designed to help put money in your pocket.

How does it work? The Section 179 Deduction allows businesses to expense or deduct purchases for eligible machinery, equipment, and software in the year of purchase. By opting to not use the deduction, companies have to amortize the write-off over the useful life of the purchased asset. However, using the Section 179 Deduction decreases your Federal Income Tax for 2018, saving your business money now!

How much money? It depends on what you claim, but the deduction limit stands at $1,000,000. So, under the Section 179 Deduction, companies can claim software investments made this year! But you only have until December 31, 2018.

If you act now, you can lock in Cloud-based ERP-ONE+ distribution software with Dashboard+ Data AnalyticsWireless Warehouse+Mobile Applications, and supplemental Amazon integration for 2019. Saving money and improved productivity–it’s a win-win!

Have questions? Visit the official Section 179 website and talk with your accountant or tax professional. Distribution One is also here to help! Contact us today at info@distone.com to take full advantage of the tax deduction benefit on your ERP-ONE+ investment. Remember, this benefit ends on December 31st.

“ERP-ONE tracks product costs and sales margins for us… that benefit alone has added 4% to our bottom line after the first year of implementation and has more than paid for the cost of ERP-ONE.”
— Vice President, Colorado Industrial Packaging
Read the complete case study here.

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Highlighting distributor successes

Customers share their ROI achievements. Click each testimonial to read the full case study.

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Empire Bolt & Screw

“Out of the gate, our first cost savings occurred in accounting. What was previously a full-time job went down to just 2 hours a day. This change alone saved us $40,000 in year-over-year labor costs.”

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Patlin Inc.

“Distribution One has allowed us to deliver 30% more orders without having to increase our labor force.”

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The Nut Place

“ERP-ONE actually helps our business be more productive. We operate more efficiently because our software performs like a world-class product. And that’s not marketing hype. We trust in its reliability. It is one of the best decisions our company made.”

Colorado Industrial Packaging logo

Colorado Industrial Packaging

“ERP-ONE tracks product costs and sales margins for us… that benefit alone has added 4% to our bottom line after the first year of implementation and has more than paid for the cost of ERP-ONE.”

A-Jax logo

A-Jax Fasteners and Tools

“Enhanced productivity, lower operational costs, higher service levels, and stronger customer relationships—it’s all been attained through our ability to provide continuous real-time data generated through the myriad of programs within ERP-ONE.”

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VLC Distribution

“Having spent 30 years on the operations side of distribution using SAP and AS400 software, I have not encountered a better system than ERP-ONE. The efficiencies and expandability has allowed us to improve our sales by $500,000 per employee in a year.”

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On Time Supply

“We had immediate visibility into which sales representatives were performing and which product lines were providing the best return for our business.”

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Cathy’s Concepts

“The ability to manage orders online has created greater efficiency in their business and has delivered more flexibility in modifying and tracking orders. Changes to an order instantly cascade all the way through the terminals and the processing stations cutting production time by at least 15%.”

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Intercorp

“I’m excited about the future. We processed hundreds of orders in the first week and project our webstore will be handling over 10,000 orders per year.”

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