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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.
The following sections describe how to change various default asset data-entry and calculation options.
User preferences
These options can be set for each user, including users on network installations.
To perform the following tasks, choose Setup > User Preferences. (User preferences are available only when the asset module is not open.)
- Specify client data and integrated application file locations
- Customize the use of the ENTER key
- Alternate background color on lists
- Change cursor movement in the Depreciation tab for MACRS assets
- Change how assets are automatically numbered
- Change the default starting field to begin asset data entry in the Asset # field
Client-specific options
These options can be set on a client-by-client basis and are available only when a client is open.
To access these options, open the Asset List window for an activity, choose Setup, and choose one of the following options.
1065 Allocation (UltraTax/1065 clients only)
Custom depreciation methods
To create custom depreciation methods for use with any client, open the Asset List window for an activity and choose Setup > Custom Methods.
See Defining a custom method for calculating depreciation for details.
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