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.

If you are processing a personal property tax return that has a different assessment period than the client's current year end and need access to the prior-year disposals' association values, complete the following steps.

1. Open the Asset List window for an activity.
2. Choose Setup > Options.
3. Click the Asset List tab.
4. Mark the Display prior year disposals/transfers that occurred during the personal property assessment period ending checkbox.
5. Enter the personal property assessment period end date in the field below this checkbox.
6. Click OK to save your changes.

When this checkbox is marked and you advance to a new processing period, any disposals from the prior year appear in a Prior Year Disposals/Transfers tab at the bottom of the Asset List window. You can modify the association values that are assigned to these assets.

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