Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Client has a PC that is fully depreciated and no longer in use. How do I close out the Asset as he just destroyed and did not sell it?

Garcost48
Level 2
I'm using ProSeries Professional
Labels (1)
0 Cheers
4 Comments 4
dkh
Level 14

Enter date was detroyed in sale date and $0 for sale price

I like to change asset description like so     Computer: destroyed

Just-Lisa-Now-
Level 15
Level 15

If its fully depreciated and destroyed, I just delete the asset entry worksheet.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
dkh
Level 14

I like the paper trail ..............😊

0 Cheers
Skylane
Level 9
Level 9

Just Fugediboudit

If at first you don’t succeed…..find a workaround