Depreciation Tools
Question: I've set up a SBE General Pool for a client for the 2024 Financial year and have transferred the majority of the existing assets into this poo...
Thu, 3 Oct, 2024 at 11:53 AM
TABLE OF CONTENTS Depreciation from LodgeiT Tools Depreciation directly fill via Tax Forms Depreciation from Imported Financials Depreciation from ...
Tue, 29 Apr, 2025 at 1:32 PM
Scenario: The system is calculating the depreciation for building for 350 days to $4324 instead of $4312. The $4324 is the correct calculation. Calcu...
Tue, 10 Jun, 2025 at 12:54 PM
LodgeiT’s depreciation tool does not support SAP, assets cannot be migrated to SAP tax return too. But there is a workaround. Set start and end date of tax...
Wed, 23 Apr, 2025 at 7:14 AM
Scenario: Motor Vehicle Total Expense doesn't calculate correctly. Manual Calculation Total amount: $6,241 LodgeiT Calculation Total amount: $4,117 ...
Thu, 1 May, 2025 at 11:55 AM
This article explains why a capital gain is not automatically populated in the capital gain worksheet when selling an asset that was only partly used for ta...
Mon, 28 Jul, 2025 at 11:41 AM
Issue: The Depreciation option is not visible under the Tools menu in LodgeiT. Reason: This typically occurs because the organisation’s settings currently ...
Mon, 28 Jul, 2025 at 1:57 PM
Case: When adding a car under the General Pool, there is no facility to apply the Car Cost Limit. Do we need to manually enter the car limit value? Answer:...
Thu, 6 Nov, 2025 at 8:19 AM
Case: A sole trader purchased a vehicle in the last week of June 2025 for $32,500. The client wants to immediately write off $20,000 and keep the remaining...
Thu, 4 Dec, 2025 at 11:52 AM
LodgeiT supports depreciation schedules for non-standard financial years like 1 September to 31 August, even if the settings screen defaults to a July start...
Fri, 12 Dec, 2025 at 8:43 AM