This software simplifies the process of generating asset depreciation schedules specifically for tax return purposes required by the Australian Taxation Office (ATO).
Depreciator is equipped with various depreciation methods to choose from. The software supports Prime cost, Diminishing value, and Write off depreciation methods, among others. This makes it ideal for businesses with various assets, as they can choose the best depreciation method for each asset type according to their unique requirements.
However, it is important to note that while Depreciator can handle most types of asset depreciation, it is not designed to handle low value pools. So if you have low-value assets, you may need to look into alternative solutions. Overall, Depreciator is an excellent option for businesses looking for reliable asset management software.
Version 1.2.2: N/A