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Hi, I am importing over 400 assets in lacerte 2021 for a client.
My columns I am importing consist of category, description, purchase date, life, cost, prior accumulated depreciation, and depreciation method.
Once fully imported, the book depreciation for the year will not calculate correctly for straight line as under the depreciation method "91", but it calculated using the federal depreciation methods selected in the screen after importing.
What is it that I am missing ?
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So I did include a life column.. Is this what you mean? Or is there another way I can input the depreciation method to say the years?
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Module? Ind, Ptshp, etc
Year of software?
Edit.... I'm not sure you DO have to enter in the "book' area unless it's different.
The book info does have to be separately entered, part way down the page.
