LodgeiT

This video includes the understanding temporary full expensing with respect to Small Business Entities (Less than $10,000,000 turnover) using a company stru...

The General Pool method was popular up until 2021 financial year when per the ATO ruling, the pool value should be written off. This example also demonstra...

This demonstration uses a company, but will apply equally to a trust, partnership or even sole trader. Includes -  Basic settings including creating a de...

A popular method for taking advantage of accelerated depreciation for Small Business Entities is the SBE Immediate Write Off method. First Step is to...

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...

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

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 rollingba...

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

Asset disposal can be accomplished through A. Via LodgeiT "Tools" B. Directly to Tax Form A. Via LodgeiT "Tools" Press "To...

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...