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Created by AgExpert Support
Created on May 8, 2022

Disqus Agexpert Accounting Questions Archive

I'm looking to change the claimable percentage for a capital asset from 100% to 50% as it is being split between 2 people. Anyone know how to make this adjustment?

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Jocelyne! If you only owned 50% of the asset, you would only enter 50% of the value when making the transaction. So for example, and auger purchase of $50,000 would only be entered in your file as an auger purchase of $25,000.

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