New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Perform the following steps to view an on-screen explanation of how depreciation was calculated for an asset in the asset module.

1. Open the Asset List window for an activity.
2. Select the desired asset and click the Modify button.
3. Choose Tasks > Display Calculation or click the column heading for the desired treatment to open the Display Calculation dialog.
4. In the Display Calculation dialog, the application displays the calculation for the column in the Depreciation tab in which the cursor was located when you chose to view the calculation. (If the cursor was not in the Depreciation tab, the application displays the calculation for the Tax column.) To view the depreciation calculation for a different column, click that column's tab at the top of the dialog.

   Note: If the calculated depreciation was automatically limited for any reason, a commentary line is present at the bottom of this dialog.

5. Click the Close button to return to the Asset List window.

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