Need ability to IMPORT both percentages & amounts into Screen 29 Special Allocations
Other tax programs have the ability to import both percentages and dollar amounts from Excel. Currently, the only percentages that can be imported are the percentages on screen 8. That only works if you are using a single profit percentage for every item on Schedule K. But larger, more complex partnerships often need MULTIPLE different special allocation percentages. That is why Screen 29 exits - to be able to handle MULTIPLE percentages for different P&L items. But what is the point of being able to hand multiple special allocation percentages when you have to manually enter each percentage by by hand. And when you have a partnership with hundreds, or even one thousand partners, that takes TOO MUCH TIME. Lacerte needs the ability to simply IMPORT those different percentages, or those dollar amounts, directly from an Excel spreadsheet directly into Screen 29. Please add the ability to import different Special Allocation percentages and amount into Screen 29. This seems like a no-brainer to make Lacerte more useful for larger partnerships. It would make the Lacerte program more competitive with larger tax programs that can handle large partnerships.
