How do I record partial disposition of a depreciable asset?

[Rox]

Cattle farm's purchase of a dozen breeder cows was recorded as one asset. Is there a way to record partial disposition in ProConnect if half were sold in a subsequent year?

[TaxGuyBill · Accepted solution]

Create two new assets, using the original "placed in service" date, and using half of the Basis and prior depreciation.

Delete the old asset that had 100% of the cows.

Sell one of the new assets to reflect the sale of the half of the cows.

[Rox]

Thank you! I was leaning that way.