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Level 2
September 29, 2021
Question

Consolidated 1120 Balance Sheet

  • September 29, 2021
  • 2 replies
  • 10 views

Is there a way to identify Balance Sheet activity for each entity in a Consolidated 1120?

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2 replies

sjrcpa
Level 15
September 29, 2021

There are supposed to be consolidating schedules attached that would show info for each entity, eliminations, and totals.

The more I know the more I don’t know.
CCEATAXAuthor
Level 2
October 4, 2021

And, I discovered that I had to get a copy of Lacerte in order to do the proper Consolidated 1120.  Intuit was very helpful is making sure I had the tool necessary to do the return.

sjrcpa
Level 15
October 5, 2021

At a price, too.

The more I know the more I don’t know.