Depreciation Example with Plant and Equipment for a Business : LodgeiT

Depreciation Example with Plant and Equipment for a Business

Modified on: Wed, 29 Jun, 2022 at 12:41 PM

This demonstration uses a company, but will apply equally to a trust, partnership or even sole trader.

Includes -

Basic settings including creating a depreciation group and adding assets
Navigation amongst depreciation tools and reports
Relationship between the classifer categories and the asset types
Demonstrates disposal of an asset for a profit
Demonstrates disposal of an asset for a loss

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