Fixed Assets - Allow for variable depreciation for Software Development Pool
Currently the custom Pool creation option does not allow for the specific depreciation requirements of a software development pool - First year to be Nil, the second , third and forth years at 30% and the final fifth year of 10%. Without this function the depreciation for these assets needs to be calculated manually.
13
votes
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Dande Taxplan
commented
The depreciation schedule in Xero really lets the software down.
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Leonard Jiang
commented
Need this for the software development pool