Prepared a 1065 for Arizona LLC, the managing member is a resident of AZ, but Lacerte still generates a 165 K-1NR for him. He is clearly designated an AZ reside...
That makes sense, good idea! I was basically doing the same thing, except not utilizing purchases to show the calculation of capitalized inventory. I did not al...
The following diagnostic is generating:
Ending inventory in the cost of goods section is different than the ending inventory on the balance sheet.
Solution: ...
