Change of ownership in S Corporation based on specific dates-Proseries Professional

[shatcher]

How do I enter the change of ownership in an S Corporation on Proseries Professional?  The ownership percentages changed twice during the year, and the old/new owners want specific allocation (no weighted average) of income for the periods of ownership.  Where can I record the exact income to reflect on the K-1s?  I know the exact amounts per the accounting records, I just don't know how to enter on Proseries.  Thanks!

[dkh]

Unfortunately, the program doesn't provide a method for this, you will have to override the K1 entries. 

[dkh]

You will have to override the dates of ownership at top of K1s too.   Don't forget the Sec 1377 election.

[shatcher]

Thank you!  That's what I was afraid of! 

[dkh]

You are welcome.