Issue: The Depreciation option is not visible under the Tools menu in LodgeiT.
Reason: This typically occurs because the organisation’s settings currently indicate the use of an external depreciation platform to track depreciation, which disables the built-in LodgeiT depreciation tools.
How to Resolve and Enable Depreciation in Tools: To display the Depreciation option within LodgeiT’s Tools menu, you need to update your client settings as follows:
1. Log in to LodgeiT and navigate to your client’s profile.
2. Go to Settings.
3. Select the Depreciation section within Settings.
4. Locate the option labeled:
“Organisation uses an external depreciation platform to track depreciation.”
5. Untick this checkbox to indicate that the organisation does NOT use an external depreciation platform.
6. Save the changes.
7. Refresh or reload LodgeiT. The Depreciation menu option should now be visible under Tools.
Notes:
This setting controls whether depreciation is managed inside LodgeiT or externally. If your organisation uses software other than LodgeiT for depreciation tracking, keeping this ticked will hide the LodgeiT depreciation tools to avoid duplication.
After unticking this box and enabling depreciation in LodgeiT, verify that depreciation schedules and related entries are correctly maintained within LodgeiT to ensure smooth reporting.