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.
From any activity-based input screen folder, click the Asset tab to open the asset module's Asset List window. This window displays the assets that have been entered (in the Asset Detail dialog) for the open client's selected business activity.
Note: The Asset tab is not available if you have chosen to enter summary asset information for the open client. Choose File > Client Properties > Advanced Properties > Enter Asset Detail tab and mark the Enter asset detail information checkbox to select detailed asset data entry.
Customizing the Asset List window
- Assets are listed by asset number, by default. To re-sort the asset list, click any of the column headings.
- To change the width of any column, click and drag the left or right border of a column heading. If you change the width of any column, the change is retained for that client.
- You can specify which columns appear in the Asset List window. (See lists of default columns and optional columns.)
- To define associations (which you can view as columns) for the client, choose Setup > Associations while the Asset List window is open. For detailed information, see Setting up asset associations.
Asset data entry
- To add a new asset for the current activity, click the Add button. This opens a new record in the Asset Detail dialog.
- To modify an existing asset, click the asset to highlight it and then click the Modify button to open its record in the Asset Detail dialog.
- To delete an asset, highlight the asset in the Asset List window, and then click the Delete button. You will be prompted to confirm that you want to delete the asset.
Tips
- To select multiple assets (for copying or deletion), press and hold the CTRL key while you click each asset you want to select, or press and hold the CTRL and SHIFT keys while you click to select a range of assets.
- To find a specific asset while the Asset List window is open, choose Edit > Find Asset.
Note: Although the toolbar is the same, the menu in the Asset tab differs from that which appears in all other input screen tabs.
Fields & buttons
Client Summary Information button
Elect Section 179 Amounts button
Tabs in this window
One or more of the Asset Import tabs - Acquisitions, Disposals/Transfers, Updates, and Prior Year Disposals/Transfers - appear at the bottom of the Asset List window if one or more of the following conditions are met.
- Information is available to import from the Fixed Assets Inventory module.
- Information is available to import from the UltraTax/1040 Web Client Organizer.
- You marked the Display prior year disposals/transfers that occurred during the personal property assessment period ending checkbox in the Setup > Options > Asset List tab.
For information about using the Asset Import tabs, see the overview of the Asset Import tabs.
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