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Level 2
August 29, 2023
Question

Depreciation software

  • August 29, 2023
  • 1 reply
  • 7 views

We currently use another fixed asset program for 2023 to manage fixed assets for our business clients.  When doing their tax return at year end, I have to import or sometimes just re-enter all the new assets (and update deletions) in Lacerte (once the 2023 program is released).  Since this is double work, does anyone have a better way to update depreciation in Lacerte?  I was hoping Lacerte had a stand alone product that integrated with their tax program but they do not.  The Fixed Asset Manager program is a Quickbooks and ProSeries only program.  Thanks in advance.

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1 reply

sjrcpa
Level 15
August 29, 2023

Why not use the 4562 from your Fixed Asset software and use Direct Entry in Lacerte to enter it?

The more I know the more I don’t know.