How does xero fixed assets calculate private use?
A business has bought numerous assets that are used 40% for business purposes. How do
you tell Xero fixed assets that 60% of the depreciation it calculates is for private use by an
owner/director?
Step1: Registered the fixed assets
Step2: Find it in registered tab , click the asset number to see it details
Step3: Depreciation settings > Edit setting for this period
Step 4:Find private use % input area ,input the portion and save it
Tips the private use account is setting in Fixed asset settings> Asset types>