Hi,
Can someone explain why, when I enter data into the federal asset entry worksheet in the 1120s, the depreciation schedule doesn't flow to the balance sheet?
I am using Professional ProSeries 2024.
Thank you!
Best Answer Click here
They do not flow to the balance sheet.. totals need to be input onto the balance sheet.
Did you check the box Yes on the Accumulated Depreciation W/S to Enter on Balance Sheet?
The total assets must be manually entered on the B/S.
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Thank you so much!!
Thanks, will look into that.
