This support note applies to:
- AE Assets (AU)
In MYOB Accountants Enterprise (AE) Assets 2.4.3 and above, the Small Business (SB) General Pool Closing Balance may be written off if it is under the specified balance.
After taking into account any additions and disposals but before calculating any deduction, if the balance of the 2015, 2016 or 2017 SB General Pool is above $20000, the system calculates Decline In Value (DIV) on the pool and calculates the closing pool balance. Where this balance is under $20000, the system calculates the DIV as being 100% of the pool balance.
|Opening SB Pool Balance||23500|
|Balance (before DIV)||24000|
|Opening SB Pool Balance||21000|
|Balance (before DIV)||18000|