According to ATO instruction

When entity uses the simplified depreciation rules for Small Business Entity (SBE),

the amount in Item 5K Depreciation expenses” will be filled from the "Tax related depreciation expenses" from "Depreciation" tab 

Note: Tax related depreciation expenses" figure is coming from the LodgeiT Tools.


The "Difference in depreciation expenses" $68,726 will not be transferred to "Expense reconciliation adjustment"

The "Taxable Income" in Reconciliation section is matched to overall "Net Income/Loss"