alasko
Level 1
08-21-2024
06:10 PM
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Prior to either 2021 or 2022, Lacerte would generate a plain paper Capital Account Reconciliation schedule. In 2023 Lacerte no longer does that. Rather Lacerte reflects a schedule on a per partner basis.
While on the one had I understand the need for the new schedule, getting rid of the old schedule when there are 90, 100,150 or more partners is in my view of the world very incorrect. This schedule was invaluable in tracing each partner's activity, verifying that transfers were handled and reflecting additions to partners in a summary format which made work quicker and easier.
I am asking Lacerte to reinstate this schedule.
Thank you, Alan Lasko