General Depreciation. If you plan on using the LodgeiT Depreciation Module be sure to set up date, In this example you are completing a return for 30 June 2017, Depreciation Date MUST be 1 July 2016. You can also select here, if you wish to apply SBE depreciation rules and use the General Pool.

Click here for Depreciation FAQ's and/or here for ATO guide about tax depreciation methods and rules.

Note: "Posting/processing depreciation" function is unnecessary, it will auto fill the tax return.

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