Depreciation Tools

How to move an Asset from “Motor Vehicle” to “Low Value Pool”
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
How to move an Asset from “Plant and Equipment” to “General Pool”
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
CTR Depreciation: Gain Loss for Company Tax Return
This video demonstrates methods for -  Setting a start date. Learn more Configuring a depreciation group (in this example for motor vehicle depreciatio...
Sat, 16 Mar, 2024 at 9:42 PM
CTR Depreciation: Using Immediate Write Off in Company Tax Return
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
CTR Depreciation: Using SBE General Pool in Company Tax Return
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
CTR Depreciation: Small Business Entities (SBE) Tax Rates, Reconciliation and Simpler Depreciation for Company Tax Return
This video demonstrates methods for -  Setting a start date. Learn more  Adding the General Pool Group Adding the General Pool with an opening balance ...
Fri, 1 Jul, 2022 at 1:37 PM
CTR Depreciation: 5 Year Preliminary Expense Amortization (Section 40-880) in Company Tax Return
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
ITR Depreciation: Rental
Make sure to configure first the depreciation settings, learn more. Including Depreciation in Individual Tax Return Rental Properties This video demons...
Mon, 5 Dec, 2022 at 10:27 AM
ITR Depreciation: Rental Property Low Value Pool (Deduction>D6)
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
ITR Depreciation: Work Related Motor Vehicle Logbook Method in Individual Tax Return
First step is to configure the depreciation settings, learn more. Make sure to complete the following information to avoid error in the forms. Setting ...
Fri, 23 Jul, 2021 at 11:27 PM