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    Why doesn't depreciation schedule show amortization instead of deprecation?

    MissTina
    Level 1
     
    0 Cheers

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    3 Comments 3
    abctax55
    Level 15

    In Lacerte (PTO's big sister), you have to enter the appropriate amortization code section as connected to the specific asset.

    HumanKind... Be Both
    itonewbie
    Level 15

    Yep, works the same way in PTO.

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    Still an AllStar
    IRonMaN
    Level 15

    I'm not sure which form reports deprecation.

    Ok, I'll go back to standing in my corner.

     


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