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Can anyone tell me how to convert a Lacerte partnership client to an SCorp Client?

cu12345
Level 2

I would like to transfer a partnership client to an SCorp - LLC so all basis type issues stay the same

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sjrcpa
Level 15

Sorry, there is no conversion for this in Lacerte.


Ex-AllStar

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3 Comments 3
sjrcpa
Level 15

Sorry, there is no conversion for this in Lacerte.


Ex-AllStar
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cu12345
Level 2
I was able to convert from the back end, just as an FYI in case someone else is having this problem. I set up a new SCorp client and then copied and renamed the partnership file with a SCorp extension into the SCorp detail file. I remember doing this several years back with another client. It appears right now that I have copied/converted the depreciation schedules as well as some of the other basic data -- not all, but enough to save me some tedious reentry. It's not perfect, but possible and what I was hoping the phone support group could work through. Unfortunately they gave me the same answer-- no conversion-- so thankful I didn't give up and a suggestion for future programs to be able to do from any entity/individual to any other.
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sjrcpa
Level 15
Thanks for the hint.

Ex-AllStar
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