rayc325
Level 2
12-07-2019
12:45 AM
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I want to remove scrapped assets from depreciation schedule and have the balance sheet updated automatically with out generating a 4797. If I enter none as sale price a form is generated.
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George4Tacks
Level 15
12-07-2019
12:45 AM
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To remove fully depreciated, simply put in a sale date, NOT a sales price. This will likely not update the balance sheet, but it does clean up the depreciation report.
Answers are easy. Questions are hard!
Short-timer
Level 2
03-11-2020
05:17 PM
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George, How do you propose getting the balance sheet in order then?
sjrcpa
Level 15
03-11-2020
06:10 PM
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Aren't you working from a trial balance that balances?
The more I know the more I don’t know.
