safcpa
Level 3

That only applies if your beginning capital was not on the tax basis. At the top of the screen it says 

"If tax basis method was not previously used" and if you enter tax basis the footnote information is not correct

Firms using CCH ProSeries get an auto generated footnote that says:

Beginning Capital Account Method Used - Tax Basis and also s note that says "See Statement" in the body of Schedule L, Partners Capital Account Analysis

I was hoping to see something similar in our software without having to generate the disclosure using Screen 31

0 Cheers