AE TAX 2015.4 Depreciation in Pool for asset purchase before 12th May

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Partner TheG
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TheG
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AE TAX 2015.4 Depreciation in Pool for asset purchase before 12th May

My client uses AE TAX 2015.4

 

They have a partnership tax return depreciation schedule that is writing off an asset (DJ Equipment) immediately instead of using the pool rate of %15.

 

I was advised the immediate write off only applies to assets purchased after 12th may, this asset was purchased on the 15th Jan so we cant figure out why its written off the whole amount.

 

I have attached relevant images of the data for your review.

 

  1. Is this a bug in the tax software or has the asset been entered incorrectly?
  2. What is the latest version of AE TAX i noted the support page refers to 2015.5 which i cant see in the download section.

Thankyou very much.

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1 REPLY 1
Partner TheG
329 Posts
Partner
Australia
TheG
Partner

350Posts

303Kudos

46Solutions

Accepted Solution Solved

Re: AE TAX 2015.4 Depreciation in Pool for asset purchase before 12th May

MYOB Support team responded so thanks for that.
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