ProSeries Tax Idea Exchange
Submitted by MichaelN30 on 10-13-2020 03:03 PMThere should be way to enter the figures in the Functional Currency for the Form 5471 Balance Sheet beginning and end of year. There should also be a place to enter the Foreign Exchange Rates for or beginning and end of year. The program should calculate the US$ figures. This is the way Lacerte works the Form 5471 Balance Sheet. (Currently, Proseries requires us to manually calculate and enter US$ figures.)
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