Depreciation Tools

How to move an Asset from “Motor Vehicle” to “General Pool”
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
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”
If you decide to move to reporting as a Small Business Entity for tax purposes and have assets in regular Prime Cost or Diminishing Value depreciation metho...
Mon, 16 Sep, 2024 at 12:35 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 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...
Tue, 17 Sep, 2024 at 11:50 AM
ITR Depreciation: Work Related Motor Vehicle Logbook Method in Individual Tax Return
For Individual Tax Return, you have 2 options for Depreciation: A. Manual Impute B. Pull/Migrate Depreciation A. Manual Impute Add directly to...
Fri, 2 Aug, 2024 at 10:28 AM