LodgeiT

This demonstration uses a company and shows how to handle the reporting of depreciation in both the financial statements and the tax form. Includes -  Se...

Including General Pool Depreciation in Individual Tax Return Business Schedule This video demonstrates methods for -  creating a general pool ...

What's the difference between accounting depreciation and tax depreciation? There is a concept of accounting depreciation and there is a concept of tax...

We are sharing 3 tables summarising all the 2020 to 2022 business stimulus incentives available for plant & equipment purchases for small, medium and la...

This ATO document provides significant detail with respect to tax depreciation methods and rules.

User DO NOT need to rollback - If ASSET purchase date later than the latest date depreciation was posted, user will be able to edit it without rollingback ...

Auto filling of depreciation in tax return can turn off via client's "Settings > Depreciation",  and tick "Organisation uses an extern...

In the case where you setup a depreciation module and inadvertently get the start date incorrect.

Press "Tools", then "Depreciation" Click the "Group Asset" and "Asset" that you want to dispose 

This feature allows to write off the remaining balance on the current year. The user has an option: a. Sell/dispose the existing asset. b. Transfer the a...