asset life history

bandb2

After 20 plus years of Pro Seies, I have switched to Proconnect. With any change, there is a learning cure. In Pro Series, rental property would have an Asset Entry Worksheet and an Asset Life History Reprt showing a depreciation schedule for the entire life. At sale prior to its useful life, Accumulated Depreciation was easily known. Does Proconnect have a similar feature?

George4Tacks

The program does not list prior amounts by year, but the accumulated depreciation is kept. I am surprised it did not convert when you started. For each asset you need to review

Look at a depreciation item: Click Details:

Review all the items - check to see if any of the state entries need to be different. From here on it will give you a current year and next year depreciation schedule.

Answers are easy. Questions are hard!