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When using Initial Mass Copy for the first time in your tax book, you can run it as many times as necessary for the first period to copy all existing assets.

When you rerun the process, Initial Mass Copy only looks at assets which it did not copy into the tax book during previous attempts, so no data is duplicated.

By its nature, estimates are subjective and may require frequent revisions in future.

Only run Initial Mass Copy for the first period of your tax book.

For following periods in your tax book, run Periodic Mass Copy.

ABC LTD has depreciated a machine over its expected useful life of 5 years.

The cost of machine was $100,000 and annual depreciation charge was therefore $25,000.

Initial Mass Copy copies all the assets added to your corporate book before the end of the current tax fiscal year into the open accounting period in your tax book.