S-Corp: attaching balance sheet vs. completing Sch L

[AZ-Tax]

Now that most tax software allows for attachments, I was told by one tax preparer that he just attached the balance sheet prepared in QB to the tax return vs completing Sch L. Anyone ever done that before?

[Uncle Sam]

Attaching Balance Sheet to S Corp Return

If the person does that, then why doesn't he/she attach the P & L to the tax return also - that way P.1 doesn't
have to be completed either?

Either you prepare a return properly - or don't prepare it at all.
If the balance sheet is NOT required (you didn't state whether or not in your post) then a balance
sheet should be kept in the workpapers regardless.

[TXEA]

Does not take that long to fill in the balance sheet on the return. I have never understood why some preparers take shortcuts when preparing the return.