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  1. Fixed Assets - Add 3-year depreciation schedule for Small Business Corporations in South Africa

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    submitted  ·  4 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Adam Appel commented  · 

    The addition of the accelerated depreciation method used by South African SCBs to Xero Accounting would reduce the need for manual workarounds and improve compliance and efficiency. This method is used by many SBC's and aligns with local tax regulations and financial reporting standards. Including it as an option in Xero would significantly enhance usability for South African businesses.

    Adam Appel supported this idea  ·