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  1. Fixed Assets - Add tax depreciation for NZ

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    submitted  ·  4 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Lewis Luong commented  · 

    Hi,

    would John Glass or anyone share an advice please. I have the accounting depreciation in Xero and manually maintain a spreadsheet for my tax depreciation. If Xero was possible to allow to have the tax depreciation schedule in the system, where would I be journalling the differences in the opening values to. Wouldnt be to the PL but also cant be to the balance sheet.

    Any comments please?