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Level 1
December 7, 2019
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Is there any way to transfer partnership data in Lacerte from a prior year to S-corporation in current year without having to reenter depreciation detail, etc ?

  • December 7, 2019
  • 5 replies
  • 38 views

Status change due to S-corporation election by LLC.

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Best answer by abctax55

You can export the deprec to excel, then import.  Look under tools.

That's the *easiest*.

There's another way, using DOS, whereby you clean the old file (I'd use a copy) of everything expect the deprec then cut/paste that file into the Scorp module, then rename to "sdata" from "pdata".   It works, I did it years ago before export/import worked.   If interested, I can track down the procedure, later.  

Or just ask George...

5 replies

abctax55
abctax55Answer
Level 15
December 7, 2019

You can export the deprec to excel, then import.  Look under tools.

That's the *easiest*.

There's another way, using DOS, whereby you clean the old file (I'd use a copy) of everything expect the deprec then cut/paste that file into the Scorp module, then rename to "sdata" from "pdata".   It works, I did it years ago before export/import worked.   If interested, I can track down the procedure, later.  

Or just ask George...

HumanKind... Be Both
abctax55
Level 15
December 7, 2019
@George4Tacks  - do you have that DOS method bookmarked?
HumanKind... Be Both
George4Tacks
Level 15
December 7, 2019