Capital works deductions index
The index list displays sufficient information about each capital expense to identify it, based on the data entered in the worksheet.
Click Preparation > Schedule > Capital Works Expenses
Press Alt+S at any of the items or labels to which this schedule integrates:
- C Form: Item 7, Label I
- F and MS Forms: Deductions Item 11 Label D
- P and T Forms: Item 5
Schedule B (Business Income)
Schedule C (Primary Production Income) and
Rental Schedules (B and BR)
|This refers to the identity number for each building or capital improvement to it. The field will allow any number between 1 and 99999.
|Provides the code for the schedule or worksheet to which the write-off value will integrate. Refer to Capital works deduction integration.
|Is the amount for the current year write-off calculated for this particular item? This amount is recalculated automatically each year during the year-end roll over procedure when Closing balances are moved to Opening balances.
|Allows up to 36 characters for a description of the building or capital improvement.
|If there are existing entries in the Index, clicking on Properties opens the worksheet for that item. Refer to Capital works expense item worksheet.
|Selecting New will open a blank worksheet for recording the details of the new building or structural improvement expense.
|To remove an entry from the Index, move the cursor to the entry or click on it and select Delete.