AE Assets

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Contributing Partner Daisy2012
19 Posts
Contributing Partner
Australia
Daisy2012
Contributing Partner

21Posts

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0Solutions

AE Assets

I am having trouble adding a new asset and claiming an immediate write off if the asset under $20k.  Within AE assets the first field is the taxation field, within knowledge base it states to choose immediate write off, I do not have this option only diminishing value or prime cost.  I have the option to write off on the next window which is the accounting.  When I print a tax depreciation report is is calculating depreciation and not writting off.  I am using the current version of ae assets.

Is anyone else having this problem or could they advise the correct way to enter these write off please.

1 REPLY 1
MYOB Moderator MattN
504 Posts
MYOB Moderator
MattN
MYOB Moderator

727Posts

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93Solutions

Re: AE Assets

Hi @Daisy2012

 

Thanks for the post!

 

When you create a new Asset, on the first screen - ensure you select the "Immediate Deduction Asset" in the first screen - see below:

 

Assets screen 1.png

 

From here, when you click next, you will not have the option to change the method:

 

Assets Screen 2v2.png


cheers,

Matt
Product and Technical Specialist
Practice Solutions
MYOB Australia Pty Ltd
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