If you open the Trial Balance Worksheet but make no entries, when you return to Form 1120S, all the entries that would be calculated on the Trial Balance Worksheet are changed to calculated (yellow) entries. To restore the calculated fields to non-calculated, delete the Trail Balance Sheet, and then close the tax return and reopen it.
Also, if you make some entries directly on Form 1120S and then open the Trial Balance Worksheet, when you reopen Form 1120S your manual entries will be red, like entries that have been marked as Estimates.
When there is manually entered data in an entry AND Trial Balance data transfers to the same entry, Ultimate Tax does two things:
Ultimate Tax allows the manually entered data to override the Trial Balance data. The entry is automatically marked as overridden.
Ultimate Tax also flags the entry as an Estimate. The estimated status alerts you that there is a problem with the entry that prevents the form from being checked off as Complete.
The entry will appear estimated (red background). Press SHIFT+F3 to "un-estimate" the entry. Then press SHIFT+F8 to allow the Trial Balance data to be transferred in. The entry should then look like a normal calculated entry (yellow text). The manually entered data will be lost.
We recommend that you complete the Trial Balance Worksheet before making income or deduction entries on Form 1120S.
This information applies to all years of the UltimateTax software.