CMN.ATO.TRT.432687

Modified on: Tue, 13 May, 2025 at 11:59 AM

Error: CMN.ATO.TRT.432687 - Small business entity simplified depreciation must not exceed Depreciation expenses

Form Type: Trust Tax Return

Solution: Please make sure that the Depreciation in the accounts equals the Deductible Depreciation for tax purposes if you want to use Small Business Entity Depreciation Method.

*Accounting depreciation should not be greater than SBE Depreciation

Must add manually via "K", in order to have an equal amount.

Also, make sure that item 50 via Depreciation tab is set to "YES"

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