sjrcpa
Level 15
01-06-2023
09:51 AM
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We use Fixed Assets CS.
Been using it since before Lacerte had the ability to do multiple (Book, Tax, AMT, States) schedules. It was called something else originally. It might have had several names. It is now a Thomson Reuters product.
Personally, if we don't prepare a tax return for the entity, I would not put the Fixed Assets in Lacerte.
EDIT: But Fixed Assets CS won't allow you to enter a 2023 acquisition or disposition if you're working in 2022; unlike Lacerte
The more I know the more I don’t know.