Close

Our Privacy Statement & Cookie Policy

All Thomson Reuters websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.



Print this pageForward this document  Follow-up on cost of assets

How can I keep track of the assets on hand?

DT Max provides a group to help you keep track of both depreciable and non depreciable assets on hand. The following information may be entered in that group:

Keyword Data
Asset Cost amount and description of the asset
Date-Acq.a Date of acquisitionof the asset
BusinessName Name of business to which the asset pertains
Bus-Portion Business portion of the asset
CCA-Class CCA class to which the asset pertains
Num-Shares.a Number of shares acquired
Face-Value.a Face value of the bond
Date-Maturity.a     Maturity date of the bond
FMV-StartRes Fair maket value on date Canadian residency started

If you acquired a depreciable asset in the year and you entered the capital cost as ADDITIONS in CCA-Class , DT Max will automatically carry forward each addition separately and record the cost, description, business name and CCA class to which it pertains, as well as the business portion if less than 100%.

November 21, 2013