What is the impact for MYOB AssetManager Pro customers?
For a Non-STS (UCA) business, if you enter an eligible new asset acquisition with a date of 10 May 2006 or later, MYOB AssetManager Pro will calculate an amount of depreciation that is not in accordance with these new calculation rules. This is because MYOB AssetManager Pro has the Diminishing Value percentage of 150% pre-programmed in the application with no user option to amend this.
Related Questions
- What if I have already relied upon and reported the depreciation calculations within MYOB AssetManager Pro to the ATO or in my company financial accounts?
- What if I need to roll over my MYOB AssetManager Pro company file immediately?
- What steps can customers take to help offset the impact of higher rates?
