|
Iowa | I let the CPA deal with tax depreciation as mentioned by others and use real world market values (my best guess) for asset values. I don't know anything about Xero, but maybe you can add realized & unrealized gains & losses for your assets to your chart of accounts and make the real world adjustments there. That would be a little messy & more work, but could result in having both the preset depreciation values plus the real world adjustments in your financial statement reports. | |
|
Accounting software
