Consider all costs at time of acquisition or construction. In the Global Search field, enter FA. In the drop-down menu that generates, select FA Fixed Asset Acquisition.The way to handle a fixed asset purchase is to first create the asset as per the Guide at Manager Cloud. This has no effect on financials. I've only allocated GST to purchase price and deposit. What are the GL Entries that occur in Asset Accounting? Sales of asset purchase of asset, scraping of asset, Deprecation posting, transfer of an asset. You must complete your federal return (Schedules B, C, D, E,. F and Form 4797) before you enter an amount on lines 4 through 9. Index of all UltraTax CS - 1041 help. Here's a list of all articles for 1041 Fiduciary.