It may be that you still have the asset listed in your program. You can check on this by using the View menu option and then Forms to see a list of all your forms on the left menu bar. Look for an Asset Entry Wks for the asset and if you see it there, you can click on it to bring up the worksheet and use the Delete Form option to remove it from your program. If you remove it in this fashion, it will remove the asset and associated accumulated depreciation from your balance sheet and remove any depreciation entries associated with it for the current year. However, it won't guarantee that any gain or loss or potential depreciation recapture that applied to the previous year was reported correctly.
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