In a leap year, you may notice that depreciation calculations in Elite Tax are slightly higher than expected. This is because the calculation used in both the Prime Cost and Diminishing Value methods includes the number of days held divided by 365. In a leap year, this can result in a calculation of 366/365.
The following ATO references may be useful:
Diminishing Value: : Income Tax Assessment Act 1997 - Section 40-70 and Guide to depreciating assets 2020