Creating an aggregate asset

Show expandable text

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.

You can combine multiple assets into one using an aggregate asset. Each asset you combine is called a component asset. The aggregate asset will have a summary total of all the component assets.

To create an aggregate asset:

  1. In the Asset List window, either double-click a component asset or click the Add button to create one.
  2. Select Edit, then Components.
  3. Click Add component. The the method and life default to the method and life for the previous component.
  4. Click the Edit Components Edit Components button button.
  5. Click the Add button.
  6. Enter the new component's information in the Description and Date in service fields.
  7. Enter the appropriate information in the Depreciation tab.
  8. Repeat steps 3 - 6 for each additional component of the aggregate asset.
  9. When you have entered all components, click Done.


Was this article helpful?

Thank you for the feedback!