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I have a partnership with 2 activities how do I enter each activity into ProSeries? So I can get a Schedule of Trade or Business Activities and link depreciation.

JenniM
Level 1
 
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1 Comment 1
Skylane
Level 11
Level 11

Unless they’re rental properties, I don’t think you’ll be able to. For tax purposes, it won’t change anything. You’ll likely have to track them separately manually or on QB or other bookkeeping software.

Edit #1…..as a workaround, when you enter each asset label them ‘activity #1 furniture’ activity #2, tools, etc. you should be able to get depreciation reports segregating and identifying the two activities.

Edit #2… as another work around… when entering revenue and expenses, double click on the line to open up a worksheet to make a schedule for each line as appropriate. 

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