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Level 1
July 7, 2025
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Reference ID number on Screen 69 of Partnership module

Related products:Lacerte
  • July 7, 2025
  • 0 replies
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Lacerte does not proforma these reference numbers from year to year, instead overrides the previous years ID number with the word "Common". And therefore they have to be re-entered every year which is terribly time consuming for clients with multiple PFIC reporting. I work on a client that has 70 PFIC'S that  I have  to re-enter every year and then a manager has to spend time checking this information. A total waste of our time.