This feature is currently available only for individuals.
Released date: June 2024
Old Method (Tools > Depreciation)
You can generate and print the tax depreciation report for assets added using the new method directly within the tax return.
Simply go to Reports > Tax Depreciation and select a tax return.
Note:
- After the migration of the depreciation, LodgeiT no longer imports assets from the depreciation tool. Users must now edit their depreciation directly within the tax form. Therefore, users should continue editing their assets in the tax form.
- Certain assets cannot be migrated automatically. You can do it manually by creating an asset worksheet in the particular area of the tax return. Use the asset description field to search for the asset, then select it from the search results.
