As of now you cannot convert from LLC to S corp without creating a new client and HAVING TO ENTER ALL FIXED ASSETS IN DETAIL INTO A NEW DEPRECIATION SCHEDULE. THIS IS VERY TIME CONSUMING AND SEEMS TOTALLY UNNECESSARY.
This needs to be a high priority to give us a solution
Thanks for the idea to convert fixed asset details when converting LLC returns to S Corp. We are changing the status to "Open for voting".
Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> Lacerte Idea Exchange
