Forum Discussion

JoeleneCLM's avatar
JoeleneCLM
Experienced User
4 months ago

Depreciation not integrating correctly into MYOB AE

Just wondering if anyone has had any issues with depreciation not intergrating correctly into tax return, especially when clients have a sbe general pool.

 

We have come across 2 clients now where it is calculating correctly in the schedule but when it intergrates automatically into the tax return it is also including the opening pool balance along with the actual depreciation. it appears to only be when a client has the general pool and other depreciation categories.

 

This is causing us to have to un integrate all the depreciation for these clients and then manually type in the correct depreciation figure into the tax return. This can be quite a timely task when clients have alot of assets to remove the integration

 

1 Reply

  • Hi JoeleneCLM!

    We are aware of an issue where general small business pool amounts are incorrectly integrating amounts to Item P8.

    The total decline in value amount from General small business pool incorrectly integrates Adjustable value (OWDV) amount, instead of to item P8.

    The current workaround is to remove integration and enter the values manually.

    You can find our other known issues listed here:
    Tax 2025: Known issues

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