LodgeiT automation is dependent on initial configuration conditions. Depreciation won't show up in the correct sectors of either tax forms or working papers if the setup is not handled correctly.

Initial Configurations for Setting up Depreciation Module - setting up depreciation module per client (date set-up)

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

Note: "Posting/processing depreciation (4:52)" function is unnecessary, it will auto fill the tax return.

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.

 

Related Articles:

How to process/post depreciation? 

Depreciating Assets Groups & Classes

Depreciation for Individual Tax Return Form (ITR)

Other Articles for Depreciation