Last year's asset register, rolled forward

Does FediPilot roll last year's asset register forward?

Last year's asset register is the starting point. This year, the company financed a new van and sold the old ute. FediPilot rolls the register forward for both. The depreciation election stays your decision. Then it saves a draft return in LodgeiT, for your review.

Transcript

Last year's asset register is the starting point. This year, the company financed a new van and sold the old ute. FediPilot rolls the register forward for both. The depreciation election stays your decision. Then it saves a draft return in LodgeiT, for your review. Try it free at home dot fedix dot ai.

The clients, names and files shown in the video are fictional. FediPilot prepares the work; the accountant reviews it.

Sources

• Fedix home page: The 14-day free trial offer and "Nothing is lodged without your approval."
• FediPilot recordings: Reconciles the bank export to the invoices, rolls the asset register forward for a financed purchase and a disposal, splits the loan repayments into principal and interest, prepares draft financial statements in Excel with live formulas and saves a draft company return. You correct what only you know about the client, and the company tax rate, the software licence and the depreciation election stay your decisions.