Question
Cannot get current year book depreciation to calculate, what am I missing?
Hi, I am importing over 400 assets in lacerte 2021 for a client.
My columns I am importing consist of category, description, purchase date, life, cost, prior accumulated depreciation, and depreciation method.
Once fully imported, the book depreciation for the year will not calculate correctly for straight line as under the depreciation method "91", but it calculated using the federal depreciation methods selected in the screen after importing.
What is it that I am missing ?
