At the moment we cannot keep depreciation in a partnership distribution schedule. A lot of clients are buying depreciable assets as partners in partnerships. It would be good if the depreciation is kept in the XERO tax file, rather than in Excel. I prefer an ability to create depreciation assets in the Partnership/Trust schedule, or have it unlinked/centralised with an option to link to different schedules where depreciation is relevant
At the moment we cannot keep depreciation in a partnership distribution schedule. A lot of clients are buying depreciable assets as partners in partnerships. It would be good if the depreciation is kept in the XERO tax file, rather than in Excel. I prefer an ability to create depreciation assets in the Partnership/Trust schedule, or have it unlinked/centralised with an option to link to different schedules where depreciation is relevant