Deprec8 ver 1.02 for Microsoft Excel versions 4 and 5 Generate Depreciation Schedules Deprec8 is a MS Excel macro application that generates depreciation schedules for tax and book purposes. For tax purposes, it uses the IRS defined Modified Accelerated Cost Recovery System (MACRS) to calculate annual depreciation amounts. For tax purposes, most tangible depreciable property placed in service after 1986 must be depreciated under MACRS. Deprec8 gives you the option of using the MACRS half-year or mid-quarter convention for property being "depreciated over 3, 5, 7, 10, 15 or 20 years. Schedules for 27.5 and 39 years use the IRS defined MACRS mid-month convention. For book purposes, Deprec8 generates schedules of any duration with either straight line, double declining balance or the sum of the years digits method. Deprec8 handles fiscal years that do not follow the calendar year, and salvage values for book purposes. Deprec8 can not eliminate the need for consulting advice from an accountant. Ohio Star Software is not responsible for any problems caused by the improper use of this software, the improper application of accounting principles or the violation of tax laws. How to use Deprec8.xlm Running Deprec8.xlm is easy. Deprec8.xlm is a Microsoft Excel macro that runs automatically when opened by Excel. Deprec8.xlm can also be re-started during the same Excel session by pressing Ctrl-Shift-A (for the input screen) or Ctrl-Shift-Z (for the introductory screen). When you load Deprec8.xlm, you will see an introductory screen. Select "Generate a Depreciation Schedule" to go on to the input screen. The input screen is used to provide basic information about the asset (value, desc, etc...). When you have all fields completed and select "OK" the macro will generate a depreciation schedule based on the information provided. Registration Information Deprec8.xlm is not completely functional in it distributed shareware form. For tax purposes, it will only generate a 10 year schedule. For book purposes, it will only generate straight line depreciation schedules. If you would like to have the tool generate other lengths of tax purpose schedules or a double declining balance schedule, you will need to register the product. Registration Levels Level 1: $10.00 You will receive the Full Function Password required to generate all of the possible schedule lengths and types. If you only have a couple of assets to account for then this is the best way to go. Level 2: $25.00 You will receive the commercial (non-shareware) version of this product without password protection on the macro itself. This will allow you to have complete control over how the schedules are generated and you won't have to enter a password to generate a schedule. You will be able to modify the macro source code to customize the generated schedules for your business. If you need to generate a lot of schedules and you need them customized for your business, this is the best way to go. To register this product, send the appropriate registration amount ($10 or $25) to: Ohio Star Software Deprec8.xlm 1.02 Registration 8919 Deep Forest Ln. Centerville, OH 45458 For faster service with level 1 registrations, mail the $10.00 check to the address below and send us an e-mail message saying "the check is in the mail for Deprec8 ver 1.02". We will reply to your e-mail with the Full Function Password and wait for your check to arrive. E-Mail Addresses: CompuServe ID: 70412,2455 Internet: 70412.2455@compuserve.com