AcQuest Pro Depreciation 5.35

- 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.