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Level 3
Jan 28, 2026 10:27 PM UTC
Question

Fixed Assets

I am still learning ProSeries and Fixed Asset Manager. For business assets (not rental properties) do people used Fixed Asset Manager and then take the information from Fixed Asset manager and enter into the tax return (i.e - do not enter the actual assets into the tax return, just the depreciation amounts) or do you enter/import each asset from Fixed Asset manager? 

1 reply

dascpa
Level 11
Jan 29, 2026 2:50 AM UTC

Export from FAM and import into ProSeries. If you find you erred, there is an undo in ProSeries. The only key is to make sure you which folder your exporting to, so you can set ProSeries to know where to import from.