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Hi All,
I am trying to have ProSeries Pro auto calculate assets entred on asset work sheet and have it show on Sch L line 9a for 1065 tax return, but I am not able to find a way, how can I have ProSeries auto generate the total amount of assets on Sch L
fyi I was able to gernerat the calculateion for accumulated depr.
Thank you!
Best Answer Click here
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I do not see any option on the worksheet
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The bottom section titled Total Depreciation, Amortization and Land ...... I think it is meant for the asset costs but the line numbers for the totals to flow to the Schedule L are off by one.
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That's not how it works. There is no connection between the assets you enter and schedule L.
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Thank you! yup I could not figure it out and looks like it must me entered manually
Thank you!
