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Drake Software User’s ManualTrial Balance Import1. Open the return to which you will import the trial balance information.2. Click Import > Trial Balance Import from the menu toolbar. The preliminaryTrial Balance Import dialog box is opened.3. Click Next.4. Enter or select the trial balance file to be imported. Use the Browse feature if necessary.By default, each trial balance file is an Excel (.xls) file showing the clientname and ending in “TB” for trial balance, as shown in the example in Figure 14-9. (See “Naming Convention” on page 301.)Additional Import OptionsFigure 14-9: Selected file to import5. Select the Trial Balance Import Options. (See “Additional Import Options” followingthis procedure.)6. Click Next and wait for the import to be completed.7. Click Finish.The program returns to the Data Entry Menu for the open return. Note that allselected data from the trial balance worksheet has been imported into the return. Thiscan be seen both in the data entry screens and on the generated return.By default, the program imports the following additional information when importingthe trial balance data:Buildings & other depreciable assetsGoodwill & other intangible assetsRental real estate informationOther rental property informationAccumulated depreciationLandAccumulated amortizationSpecial ConditionsDetails for PreparersSome trial balance items cannot be entered into the trial balance worksheet and mustbe typed directly into Drake data entry. Other items should be entered into the worksheetfor balance purposes but are not carried to data entry; these must be entered separatelyand the calculated results compared to the trial balance worksheet.Most trial balance items go directly to the location indicated in the program and on thereturn. For example, the amounts shown in Figure 14-10 go to Schedule L, line 1, columnd in the program and are shown on page 5, line 1, column d of the 1065 return.Tax Year 2008 305