Built for the realities of depreciation
DIV 40
Capital Allowances
Diminishing value, prime cost, low value pool, low cost asset rules
SUBDIV 328-D
Small Business Entities
Instant asset write-off, small business entity pool, low value assets
SUBDIV 40-E
Uniform Capital Allowances
Low value pools, software development pools
DIV 43
Capital Works
Building and structural improvements
Take a peek.
The Problem
No schedule. No history. No handover.
The prior accountant won't share their workpapers. A staff member leaves and the password to their spreadsheet leaves with them. Depreciation schedules are lost. You have to invest time to reconstruct the depreciation schedule from scratch.
"It took four hours to reconstruct a depreciation schedule, just so we could maintain it"
The Dwindle Solution
Import. Validate. Done.
Structured imports allow you to reperform depreciation using original acquisition data and existing information from various sources.
Saving you time, and effort, without risk of inherited errors. No reconstruction. No risk.
The Problem
The fragile spreadsheet.
No version control. No audit trail. Formula errors that propagate silently for years. Emailed between staff with no lock. One wrong cell corrupts the entire spreadsheet, and nobody knows when it happened.
"We found an error after claiming incorrect depreciation for three years."
The Dwindle Solution
A platform you can trust.
Cloud-based. Version-controlled. Full calculation audit trail. Every number is traceable. No emailed files. No silent formula drift. Access controlled.
The Problem
Repetitive manual data entry.
Time-consuming and risk-prone data entry. Transposition errors, wrong dates, broken formulas, incorrect formulas... cascading into every subsequent year.
"There are too many assets to add, or review, and it is difficult to find errors in spreadsheets."
The Dwindle Solution
Bulk import with live validation.
Data validation on entry. Large asset registers loaded in minutes. Errors surfaced on entry, not during an audit.
The Problem
Threshold roulette. Every year.
The instant asset write-off threshold has changed nine times in a decade. Each change applies to a specific date range and aggregate turnover bracket. You assume assets qualify... but do they?
"Asset threshold changes, aggregate turnover changes, different rules for second-hand goods. Every asset register is a potential research project."
The Dwindle Solution
Rules built in.
Full history of ATO threshold changes, and eligibility logic. Input the asset, the date, the cost, and let Dwindle apply the correct rules automatically.
You review. You don't research.
The Problem
Managing a single asset in multiple places.
There is only a single instance of each unique asset. Yet it lives in multiple spreadsheets, one for accounting, one for tax, one for management reporting... all managed by different teams. If there is an event at the asset level, it is difficult to replicate across calculations consistently. If you do notice a variance, it is time-consuming to correct.
"The bank covenant uses accounting depreciation. The tax return uses something else. My board wants a third number. I maintain three spreadsheets."
The Dwindle Solution
Single source of truth.
In Dwindle, assets are entered once. The same underlying data drives calculations for accounting, tax, management reporting, and custom purposes. The reconciling variances are calculated, not hunted.
One system. One single source of truth.
The Problem
Disposals are discovered.
Clients and operations teams don't tell you when they scrap assets. You find out years later. The fixed asset register carries a ghost asset, and depreciation has been silently overclaimed. Amendments are painful. Compliance risk sits with you.
"Where's the excavator? Oh, we sold that two years ago. Do we need to fix anything?"
The Dwindle Solution
Disposals are managed.
Record the event, date, and proceeds. Dwindle calculates the balancing adjustment, termination value, or ordinary income consequence in real time. No ghost assets. No catch-up amendments. Scrapping, trade-ins, and partial disposals all handled natively.
The Problem
The work is invisible. The cost is not.
Depreciation is assumed to take 20 minutes. It often takes three hours. Time is lost. Frustration is high. And there's no line item or recognition of the effort to create the value delivered.
"We know we're losing time and money on depreciation. We just can't find an easier way."
The Dwindle Solution
Value you can see.
Dwindle does the heavy lifting. You regain time and add more value by reviewing, advising, signing off.
For firms, Dwindle turns a loss-leader service into a recoverable one. Faster work, cleaner outputs, visible value.
For businesses, Dwindle turns complex and time-consuming processes into accurate and scalable outputs, allowing you to bring fixed asset management and maintenance in-house, reducing professional fees.
In more detail.
A closer look at all the awesome things Dwindle does, from depreciation methods to reporting, workflows, and security.
Tax regime support
Division 40 - Diminishing Value method
Division 40 - Prime Cost method
Division 40 - Low Value Pool
Division 328-D - Small business simplified depreciation pools
Division 328-D - Instant asset write-off threshold logic
Division 43 - Capital works deduction (2.5% or 4.0%)
In-house Software Pools
Asset data management
Asset register per legal entity
Asset categories/classification hierarchy
Asset status tracking (draft, active, disposed)
Acquisition date and deferred depreciation start date capability
Residual value handling
Second element of cost/subsequent capital additions
Bulk asset import
Scrapping/write-off
Depreciation calculations
Effective Life formulas (200% and 150%)
Balancing adjustments on disposal
Retrospective corrections without rolling back
Instant asset write-off (year-by-year threshold table)
Temporary full expensing support
Low cost immediate deduction identification
Private use percentage adjustments
GST-inclusive and GST-exclusive cost base handling
Car depreciation cost limit
Entity and multi-entity management
Organisation level (collections of entity groups)
Entity groups (groups of legal entities)
Legal entity (asset holder)
Entity type configuration (sole trader, partnership, trust, company)
Small Business Entity flag per entity
Income year configuration (30 June and substituted accounting periods)
Reporting
Depreciation schedule
Pool schedule
Flexible filtering and pivot table capabilities
Additions and disposals shown
Gain/loss and balancing adjustments
Accounting vs Tax vs Custom side-by-side
Export to Excel/CSV
Workflow and collaboration
Draft vs published register states
Multi-user access
Review/approval workflow
Activity log/versioning
Integrations
Coming soon
Compliance maintenance
Instant asset write-off threshold history
Car depreciation limit history
Security and data
Australian data residency
Two-factor authentication (2FA)
Data export/data portability (via Excel/CSV export)
Billing and subscription
Per-entity pricing model
Asset-count-based pricing tiers
Monthly and annual subscription pricing