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Level 1
March 9, 2021
Question

DEPRECIABLE ASSETS ON FORM 1065

  • March 9, 2021
  • 2 replies
  • 27 views
I have input Fixed Asset Data on the Asset Worksheets in the Form 1065 for ProSeries. However, this asset data is not transferring to the balance sheet of the Form 1065. Any help or suggestions?
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    2 replies

    dascpa
    Level 11
    March 9, 2021

    Take the total assets and accumulated depreciation and type in those two numbers on the balance sheet. Problem solved and not a ton of time wasted.

    PATAX
    Level 12
    March 9, 2021

    Dascpa is correct period. You have to manually enter the total cost and total accumulated depreciation on the balance sheet. It does not transfer over from the total of individual fixed-asset worksheets