MYOB Assets Small Business Pool is writing off assets over the instant asset threshold

[sharon_shea]

The SB General Pool in MYOB Assets appears to be writing off, in full, an $88k asset purchased in October 2019 (before the threshold increased to $150k). Is there a way to have the normal SB General pool rates apply to this asset?

[Mark_St]

Hi Sharon,

This is a display issue with the Small Business Pool schedule.

The work around is to run the Full schedule, which will depeciate the Small Business Pool correctly.

[sharon_shea]

Thanks for your suggestion.  However it doesn't seem to be working? I've tried generating all the schedules listed but it still is depreciating the full amount. Is there anything else I could try?

[rohbrown · Accepted solution]

If your Pool is <$150,000 as at 30 June 2020 the whole pool will write off

Ope Bal + Purchases - Sales = <$150,000 will write off