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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.

Special considerations

Main screens in the built-in asset module

The asset module in UltraTax CS offers flexible and detailed tracking of assets as well as a variety of reporting options. In addition to several dialogs used to enter specific asset information, there are two main screens in the asset module.

• The Asset List window: To open the Asset List window, click the Asset tab in any activity-based folder. The Asset List window lists all assets already entered in the activity for the open client. From this window, you can add new assets, or modify or delete existing assets.
• The Asset Detail dialog: To open the Asset Detail dialog, click the Add or Modify button in the Asset List window. The Asset Detail dialog contains up to six tabs in which you enter detailed asset information.

Procedures and capacities

See the following topics for depreciation-related procedures and capacities in UltraTax CS.

• Entering detailed information
• Entering summary asset information
• Depreciation procedures
• Capacities of the UltraTax CS asset module

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