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<?xml-stylesheet type="text/xsl" href="http://community.sagefas.com/utility/FeedStylesheets/rss.xsl" media="screen"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:wfw="http://wellformedweb.org/CommentAPI/"><channel><title>Tax Preparation and Audits</title><link>http://community.sagefas.com/forums/7.aspx</link><description /><dc:language>en</dc:language><generator>CommunityServer 2007.1 SP1 (Build: 30415.43)</generator><item><title>Re: Audit adjustments - dispose assets in prior year</title><link>http://community.sagefas.com/forums/thread/179.aspx</link><pubDate>Tue, 09 Jun 2009 19:46:29 GMT</pubDate><guid isPermaLink="false">ea249e98-d4a5-4ffe-8de6-e2ec7a0c7ec0:179</guid><dc:creator>RonaldS</dc:creator><slash:comments>0</slash:comments><comments>http://community.sagefas.com/forums/thread/179.aspx</comments><wfw:commentRss>http://community.sagefas.com/forums/commentrss.aspx?SectionID=7&amp;PostID=179</wfw:commentRss><description>&lt;p&gt;&amp;nbsp;I have not had to do this yet, but I believe a closed period can be reopened.&lt;/p&gt;&lt;div style="clear:both;"&gt;&lt;/div&gt;</description></item><item><title>Audit adjustments - dispose assets in prior year</title><link>http://community.sagefas.com/forums/thread/166.aspx</link><pubDate>Thu, 16 Apr 2009 15:45:52 GMT</pubDate><guid isPermaLink="false">ea249e98-d4a5-4ffe-8de6-e2ec7a0c7ec0:166</guid><dc:creator>slilly</dc:creator><slash:comments>0</slash:comments><comments>http://community.sagefas.com/forums/thread/166.aspx</comments><wfw:commentRss>http://community.sagefas.com/forums/commentrss.aspx?SectionID=7&amp;PostID=166</wfw:commentRss><description>&lt;p&gt;I&amp;nbsp;have calculated depreciation through March 2009 and closed the period. We just finished with an audit and we have to dispose an asset&amp;nbsp;as&amp;nbsp;of 12/31/08. Is there anyway to do this? When I went into the current year company and tried to dispose the asset as of 12/31/08 I got a message saying that the disposal date could not be before the last period close date (3/31/09). Do I need to go into my 2008 company database? If so, how do I update 2009 and the 3 months that have been depreciated?&lt;/p&gt;
&lt;p&gt;Any help would be greatly appreciated!&amp;nbsp;&lt;/p&gt;&lt;div style="clear:both;"&gt;&lt;/div&gt;</description></item></channel></rss>