Deleting a depreciation worksheet for pooled and non-pooled assets in a tax return
This support note applies to:
- AO Tax (AU)
- AE Tax Series 6 & 8 (AU)
- AE Tax (AU)
Article ID: 34859
In MYOB Tax if you need to delete a depreciation worksheet for an asset which is either pooled or not pooled, the integration settings must first be removed prior to deleting the assets deprecation worksheet. This is so that the depreciation expense amount, will also be removed from the body of the tax return.
This process is not to be used if you are selling or writing off of an asset. To sell or write off of an asset ensure that you use the Disposal tab of the depreciation worksheet. If you require more information on the Disposal tab, while in the Disposal tab press F1 to access the Online Help details for this area.
Perform the following instructions from with the tax return.
- Follow the menu path: Preparation > Schedule. The Select schedule window opens.
- Highlight the Depreciation Schedule and click Select. The Depreciation Worksheet Index appears.
- Highlight the depreciation item to be deleted and select Properties. The Depreciation Item Properties window opens.
- Click the Integration Tab and at the To form/schedule field click the drop down arrow and select No Integration. The To form/schedule field is cleared.
- Click OK. The Depreciation Worksheet Index appears.
Click Close. The tax return appears and the depreciation values integrated into the return are refreshed.
This will also remove the value of depreciation expense from the body of the return for the asset that was deleted.- Repeat Steps 1 and 2. The Depreciation Worksheet Index appears.
- Highlight the worksheet you want to delete and click Delete. The message "Delete Item. Are you sure?" appears.
- Click Yes to confirm. The Depreciation Worksheet Index returns and the asset has been removed.
- Click Close.
Perform the following instructions from with the tax return.
- Follow the menu path: Preparation > Schedule. The Select schedule window opens.
- Highlight the Depreciation Schedule and click Select. The Depreciation Worksheet Index appears.
- Highlight the depreciation item to be deleted and select Properties. The Depreciation Item Properties window opens.
- Click in the Pool field, delete the pool reference number and press Tab. The integration into the pool has been removed.
- Click OK.
Click Close. The tax return appears and the depreciation values integrated into the return are refreshed.
This will also remove the value of depreciation expense from the body of the return for the asset that was deleted.- Repeat Steps 1 and 2. The Depreciation Worksheet Index appears.
- Highlight the worksheet you want to delete and click Delete. The message "Delete Item. Are you sure?" appears.
- Click Yes to confirm. The Depreciation Worksheet Index returns and the asset has been removed.
- Click Close. .