- Supports most deprecation methods, including MACRS, 150% MACRS, MACRS straight line, ACRS, ordinary straight line, 200% 150% and 125% declining-balance, units of production, and amortization.
- Calculates automobile depreciation and automatically adjusts Bonus Depreciation on selected autos.
- Automatically determines whether Mid-Quarter Convention is necessary.
- Choice of mid-month or half-year convention on traditional straight line and declining balance methods.
- Prints separate reports for federal, GAAP, state, AMT, and ACE depreciation.
- Provides asset grouping by type and location to organize reports.
- Prints interim depreciation reports for making monthly and quarterly journal entries.
- Prints projected depreciation reports for up to 99 years into the future for tax planning and other management purposes.
- Prints property tax data report to assist in the preparation of ad valorem tax renditions.
- Prints asset additions and deletions reports.\
- Prints Year 2010 Form 4562.
- Exports annual depreciation reports to Excel.
- Online, context sensitive help and IRS depreciation instructions.
- Maintains asset records for multiple companies with easy switching between companies on hard disk.
- Copies asset data from tax column to other columns to speed company set-up.
- Excel and Ascii file import features to speed conversion from other depreciation programs.
- Excel file export feature to provide access to asset details for manual adjustment.
- Uses Microsoft Jet database files to store asset information providing for easy manipulation with programs such as Microsoft Access.
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