Asset Capital Allowances Schedule Reports - Empower Your Tax Planning

Asset Capital Allowances Schedule Report Overview

There are three Asset Capital Allowances Schedule Reports available within SapphireOne. These reports comply with the ATO’s reporting requirements for depreciating assets, Low Value Pool and Capital Allowances schedule for the Current Year. 

In Australia as of the Tax year 2010 – 2011 there have been some changes to the way depreciation for assets is to be reported to the ATO. 

  • When this Asset Capital allowances Report is selected the following pop up dialog is displayed containing a drop down menu with 3 options.
    • CAS Worksheet 1: Depreciating Assets.
    • CAS Worksheet 2: Low-Value Pool.
    • Capital allowances schedule for the current financial year.

Dictation and Speech to Text Overview

SapphireOne’s Dictation (MacOS) and Speech to Text (Windows) functionalities revolutionise data entry. These features are available for any data entry field and all inquiry screens within SapphireOne. For instance, when a user makes a call via the SapphireOne Softphone, SapphireOne automatically timestamps the contact and phone number. Post-call, users can dictate notes directly into the CRM contact memo field in relation to the stamp.

This functionality is applicable across all Data Entry screens. As examples, when entering a Vendor Invoice (VI), users can dictate memos directly. Similarly, additional lines can be added to the General Ledger account, with each line having a unique memo field. After an employee interview, users can efficiently dictate notes.

Speech to Text and Dictation are powerful tools that SapphireOne and its clients use daily, significantly saving time.

You can review our Blog and YouTube channel for additional information and resources on SapphireOne ERP, CRM and Business Accounting software.

51 0 0 August 24, 2026

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