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  • South Africa: Section 12C Wear & Tear Allowance as 2nd plan for depreciation context

    South African Revenue Services (SARS) grants an accelerated depreciation schedule for: Machinery & plant (new or used) Used directly in manufacturing process Brought into use for the first time by the axpayer For purposes of his trade Write…
  • Fixed Asset charge reversal

    How do we reverse a posted Fixed Asset depreciation charge in Sage X3 fixed asset module.