LodgeiT

General Depreciation. If you plan on using the LodgeiT Depreciation Module be sure to set up date, In this example you are completing a return for 30 June ...

Watch this helpful Video about Basics of Depreciation including General Pool Related Article: Depreciation General Pool- Related to Business (ITR)

Maintain an accounting system and set of depreciation reports for the company. Process the depreciation journals into the company accounting system. Yo...

Be sure to set this up correctly. If in doubt, please send request to LodgeiT support. Set up for "Motor Vehicle - Business/Non Business Can be ...

In Deleting or Editing an Asset, you have to Rollback Depreciation from the First Year/Date. Go to "Tools" and click "Depreciation page&...

The video provides the guide on: Setting-up a low value pool from a rental properties using LodgeiT depreciation module. Creating individual tax return t...

Current work-around for the value above the luxury limit is to segregate the values and have a part of the value with zero state.

Steps to create Immediate write off in Asset groups. 1. Click Tools and Select Depreciation. 2. In Depreciation window, Click Add button. ...

Be sure to use the appropriate group and class when adding your assets. If you are classified as a small business entity, then we suggest you use General P...

In some instances, a depreciable asset is sold for a value greater than the written down value and less than it's original cost. It will be necessary t...