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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.

Your consolidated return can be out of balance or result in different net income for the total of the member returns for these reasons:

• Cost of goods sold can be different for the member return if some but not all the members and the consolidated return have marked the Adjust purchases by change in inventory checkbox on Screen A.
• Officer compensation in the consolidated return is less than the total of the members if the member data has changed after visiting the consolidated return. The application brings the information from the members only once and does not update again for any additional information entered at the member level. To bring the updated information from the members into the consolidated client, open the statement attached to the field Officer’s gross compensation net of employee retention credit, highlight and delete the existing rows in the statement and then click Done. The statement will automatically update with the latest data from the members.
• Deductions based on net income. charitable contributions, net operating losses, section 179, and credits are all based on net income which can be different in the consolidated return than it was in the member returns and will cause net income at the consolidated level to be different than the total of all members.

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