Asset tracking is a big deal for me with my trades, technologists, and micro professionals, especially for T2125, but still important on the T2, Sched 8.
Since QBDT and QBO offer a less than ideal solution I track these in a combination of Excel Asset Continuity and OneNote to house capture source docs, notes, and excel asset continuity by year.
During CRA GST Trust Examiner review, the asset reconciliation is always a tempting area in which the Trust Examiner likes to fish to send the client to CRA Audit.
I like my source docs to be complete and easy to access.
I like my Chart of Accounts to be broken down by class with sub-accounts for additions, procedure, and accum amort.
I like my T2 Sched 8 to match my Chart of Accounts.
I like my Excel to show the year over year asset continuity. (Don’t have Casware.)
I add source and destination references into my Excel.
I create annual doc bundles with the Excel continuity and source docs.
I do something similar for high net worth clients with large donations for the donations continuity.