Question
Entering Asset into Lacerte Not Placed in Service Until The Following Year
So I have an client who has a well installed but it was not placed in service or running until 2021. Is there an option on Lacerte where I can put the asset in Lacerte and it automatically starts depreciating the following year? I mean I can just date it 1/1/2021 but was wondering if I can date it the day they purchased it but not start depreciating until the following year?
Thank you!
