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 ?

[rpmorelcpa]

Status change due to S-corporation election by LLC.

[abctax55 · Accepted solution]

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...

[abctax55]

@George4Tacks  - do you have that DOS method bookmarked?

[mojocpa]

Not George, but, here it is:
https://accountants-community.intuit.com/questions/181835-depreciation-transfer
It takes a bit, but worth it if you have beaucoup assets to transfer.

[George4Tacks]

Mine is better (sorta)

[George4Tacks]

https://accountants-community.intuit.com/questions/1697459-i-have-a-2016-partnership-return-that-con...