Assett billing options

[Dale in IN]

Has anyone figured out how to make the billing option on the assett work sheet calculate correctly. it does not seem to be able to count.

[Jack from Ohio]

It only counts assets added this tax year.

[Dale in IN]

I don't think so. I did a return this morning and it shows 6 Items where I only added 2. And I Have 33 total. I was Thinking in years past wehen you checked the box and a price per assett it calculated all.

[Gail in Virginia]

I don't use that feature, so I am just throwing this out there, but is there any chance that it is not counting assets that are depreciated out? In other words, letting you keep track of assets the client still owns but only charging them for assets that depreciation is actually calculated on this year?

[Dale in IN]

Yes I believe that is what it is . The program is only counting items with depreciation this year. However in 2010 it counted all items on the asset detail sheet. I have always charged a line charge for all assetts and carry them from year to year. If a client comes in and tells me they sold or traded an item and I ask them what their basis if their answer is "I don't know" . then I have a record for them and they get a new print out every year.