Support CenterReporting mulitple Bulk sales in SureFire
🔍 Reporting Multiple Bulk Sales in SureFire
This guide explains how to handle the sale of a property that has multiple depreciable components (for example, a building and a new roof depreciating separately).
⚠️ Before You Begin
Use this process when you have multiple Business Asset Worksheets related to a single property sold.
- Example: a building and a new roof depreciating separately
- You will update all worksheets related to the property
📊 Step-by-Step Guide
Step 1: Enter the date sold on every related worksheet
Use this when you need to ensure all components of the property reflect the same sale date.
On all worksheets related to the property (e.g., the worksheet for the building, the worksheet for the new roof, etc.), enter the date sold.
Step 2: Link the worksheets by entering the same number
Use this when you need SureFire to treat the worksheets as related to each other.
On all worksheets related to the property, type a number in the first field shown in the illustration below. Type the same number on each worksheet.
For example, type the number 1. This tells SureFire that the worksheets are related to each other.
If you have two properties sold, each with multiple worksheets, type the number 1 on all worksheets related to the first property and the number 2 on all worksheets related to the second property.
You can handle up to nine sales in this way.
Step 3: Designate the building worksheet as the Main worksheet
Use this when you need to choose which worksheet will hold the selling price and selling expense.
On the worksheet for the building, select the check box to designate it as the Main worksheet.
Step 4: Enter selling price and selling expense on the Main worksheet only
Use this when you need to avoid duplicating selling amounts across multiple worksheets.
On the Main worksheet only, enter the selling price and selling expense.
✅ Success!
SureFire will accumulate the cost, basis adjustments, and depreciation for all items on the Main worksheet.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
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