ILLMAS Posted February 26, 2008 Report Posted February 26, 2008 Hello, for some reason depreciation is not being calculated for 2007, there are a couple of assets that have not fully depr. on a Sch E, I am new at ATX, is there something I forgot to click on? It's not being picked up as an error. Thanks, Quote
Bart Posted February 26, 2008 Report Posted February 26, 2008 Hello, for some reason depreciation is not being calculated for 2007, there are a couple of assets that have not fully depr. on a Sch E, I am new at ATX, is there something I forgot to click on? It's not being picked up as an error. Thanks, Are the assets passed their useful/depreciable life? Quote
ILLMAS Posted February 26, 2008 Author Report Posted February 26, 2008 Are the assets passed their useful/depreciable life? No, not yet. I transfered my info from proseries, maybe there was a problem with the converstion. I will delete all the assets and re-enter them. Quote
kcjenkins Posted February 26, 2008 Report Posted February 26, 2008 Depreciation is one of the trickiest things on conversions, so it's best to always check them carefully, and if one is acting strangly, and you can not see the problem, like a wrong 'life' or 'method', then, just delete and then reenter the asset. That normally fixes it. Quote
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