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Tax Basis

Ann with PAR
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Hello,

Could someone please tell me how to run a Fixed Asset Tax Basis detail for 2024?  Is there a specific report for this or do I need to create one?

Thanks,

Ann

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  • +1
    Verified Answer

    Hello Ann,

    Since you said specifically you are looking for 2024 Tax information, the first question is: Is the depreciation currently ran to the Fiscal year end?

    Most reports are highly dependent on the current through date in the assets, so if the depreciation is not currently ran through the period you are looking for, your result is usually a blank report.

    ~Delray

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  • +1
    Verified Answer

    Hello Ann,

    Since you said specifically you are looking for 2024 Tax information, the first question is: Is the depreciation currently ran to the Fiscal year end?

    Most reports are highly dependent on the current through date in the assets, so if the depreciation is not currently ran through the period you are looking for, your result is usually a blank report.

    ~Delray

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