See your capital on the books by CCA class

The Capital on the books, by CCA class panel groups all your capital improvements by their CRA CCA class, so you can see what you own, what is left to depreciate, and what you have claimed so far. Tooling, not tax advice.

Where to find it

Open Money → Tax package (T776) and scroll to the Capital on the books, by CCA class panel. If you do not see it, the feature is not turned on for your account yet.

What each number means

For every class you have capital in, the panel shows three numbers:

• Capital cost on the books is what you paid, the total cost of the assets in that class.
• Current UCC is the undepreciated capital cost, the balance left to depreciate after the CCA you have claimed. A class Wealtharu does not yet compute shows a dash here, your accountant determines it.
• Accumulated CCA claimed is the depreciation you have claimed to date for that class.

The total at the bottom is your whole capital-improvements balance. It ties to your books, so the capital you have entered and the capital from your receipts always add up to the same number.

Capital you entered directly

When you add a capital asset directly (not from a receipt), Wealtharu records it as an owner contribution to the business. No cash leaves your account for it, so it is added to your capital on the books without touching your cash balance. If you are an operator, a directly entered asset is held as pending until an owner or approver signs off, the same as other money you record.

Wealtharu shows you the picture and keeps it tied to your books. Your accountant decides the claim.