Question: When I make depreciation schedule for Rental Properties, Depreciation is not showing to Rental Property Schedule.


A. Rent from Financial Import

For Rental Properties, you need to manually add them in FORMS. Rental Worksheet should be completed manually.

Rental income/expenses should be classified accordingly from the Settings>Chart of accounts to avoid duplication of income/expenses once Rental schedule or worksheet has been completed manually.

Learn more  from this guide Rental Schedule from QuickBooks - Individual Tax Return (ITR)

B. Rental from LodgeiT "Tools"

For depreciation recorded on Tools>Depreciation to be injected in the form, please follow these following guides:

 ITR Depreciation: Rental Property - Capital Allowance

ITR Depreciation: Rental Property - Capital Works Rental (Division 40 and Division 43)