If you've selected 'Yes' for Auto Depreciation, Tyro Accounting will automatically calculate and apply depreciation to the relevant assets using the simplified depreciation rules based off the ATO’s guidelines. For assets excluded from the simplified depreciation rules, you can refer to the ATO guidance here: ATO Depreciation Guidelines. However, if you wish to add depreciation for assets excluded from simplified depreciation or if you prefer not to use simplified depreciation rules in Tyro Accounting, you can manage this through the Manage Balances feature. In Tax , click on Manage Balances . Under the Expense toggle, locate depreciation . Each asset will have its individual depreciation account, which you can select from the drop-down menu to customise your depreciation calculations. The accuracy of the automatic depreciation calculations, based off the ATO’s guidelines, is dependent on you correctly identifying the type and value of assets being depreciated.