Depreciation Tools
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...
Thu, 26 Nov, 2020 at 11:27 AM
Low Value Pool (LVP) is a method of depreciating plant items at a higher rate in order to maximise deductions. A low-cost asset is a depreciating asset who...
Wed, 3 Nov, 2021 at 12:28 PM
Example: Client has existing asset under "Plant and Equipment" and they want to close out the depreciation for the current year. Solution: Mo...
Thu, 26 Nov, 2020 at 12:55 PM
This video demonstrates methods for - Setting a start date. Learn more Configuring a depreciation group (in this example for motor vehicle de...
Sun, 25 Jul, 2021 at 12:40 AM
This video demonstrates methods for - Adding the Immediate Write Off Group Adding the asset to the group Including the immediate write off in...
Sun, 25 Jul, 2021 at 12:02 AM
This video demonstrates methods for - Setting a start date. Learn more Adding the General Pool Group Adding the General Pool with a...
Sat, 24 Jul, 2021 at 11:33 PM
This video demonstrates methods for - Setting a start date. Learn more Adding the General Pool Group Adding the General Pool with a...
Wed, 11 Aug, 2021 at 9:20 AM
Question: Unable to complete the tabs in the tax reconciliation F, H and I as they are blocked out. i.e for decline in value of depreciating assets. Answ...
Tue, 12 Apr, 2022 at 12:25 PM
This video demonstrates methods for - Configuring a depreciation group for preliminary cost usage Adding preliminary costs How the accounti...
Sun, 25 Jul, 2021 at 12:47 AM
Make sure to configure first the depreciation settings, learn more. Including Depreciation in Individual Tax Return Rental Properties This video demons...
Fri, 23 Jul, 2021 at 11:12 PM