How to set up auto depreciation for my assets and liabilities?

Tyro Accounting automatically applies simplified depreciation rules to your assets and liabilities. The simplified depreciation rules can only be used by eligible small businesses. For more information on eligibility criteria, see Simpler depreciation for small business | Australian Taxation Office (ato.gov.au) . If your business is not eligible to use simplified depreciation rules, you will need to amend this in your Tax Profile using the below steps:

1. From the

Home screen, click on Tax

1. Click on

Manage Assets and Liabilities

1. Click on

please visit your Tax Profile

1. Select

Yes or No depending on whether you would like to apply Auto Depreciation

1. Click on

Save & close