Electing out of bonus depreciation for all clients in Fixed Assets CS

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:

In Fixed Assets CS, you can use the Template Client to elect out of bonus depreciation for all clients.

To use the Template Client in Fixed Assets CS, choose Setup > System Configuration, click the Template tab, and click the Setup > Options button. The same Options dialog that is seen in an individual client will appear and the Bonus Depreciation Elections can be set up. After the proper elections have been made, click OK and then click Update Clients. For more information on using the Template Client see Setting up a template client.

Note: UltraTax CS has the capability to elect out of Bonus Depreciation for all assets in a client, but does not provide a way of electing out of Bonus Depreciation for all assets in all clients. This can only be done in Fixed Assets CS by using the steps listed above.

Share This