Calculating current depreciation for all assets

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.

Current depreciation is automatically calculated for all assets, one at a time, as you enter them. However, if you change the fiscal year-end date or the Tables vs. Formula option in the Calculation tab of the Setup > Options dialog, you need to recalculate depreciation for all assets for the open client.

Note: Amounts entered in the Prior Depreciation field on the Asset Detail dialog and any forced depreciation amounts are not altered by this procedure. See Recalculating a treatment's prior depreciation for all assets for details.

To recalculate current depreciation for all of the open client's assets, perform the following steps.

  1. Choose Tasks > Calculate All Assets.

Share This