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Depreciation

Assets missing from activity or schedule

If assets are missing from an activity, it could be that the assets are present in the client but have been accidentally entered or reassigned to the wrong activity or schedule. To check if this is the case, do the following:
  1. While in the
    Asset List
     window, select
    Edit
     and select
    Reassign Assets
    .
  2. Select
    (Unknown)
     in the Activity dropdown list within the Focus section.
  3. If any assets show in the left pane, select them to the right pane and reassign them to the appropriate activity and unit within the Reassign To section.
  4. If the assets didn't appear when selecting
    (Unknown)
     in the Activity dropdown list, select
    All Activities
    . If the assets appear repeat Step 3.
  5. If the previous steps didn't resolve the issue, verify that the data locations for the client, and depreciation files are correct.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual, 1120 Corporation
  • Subject: Depreciation
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