Software Development Pools

Version: 3.X

Support for Software Development Pools

2 supporting reports - Pool Summary and Statement

Change in Private Use % Transactions

Version: 3.X

Support for the ability to change the Private Use % on an asset effective the date of the transaction.

Second Element of Cost Transactions

Version: 3.X

Support second element of cost (capital expenditure incurred after the time of acquisition, for example, the cost of improving the asset)

Adjustment Transactions

Version: 3.X

Ability to adjust the opening written down value for an asset via the Asset Adjustment Transaction.

Small/Large Business to SBE and Non-SBE

Version: 3.X

Specifically reflected in the enhancements above, but general changes in terminology to reflect SBE and Non-SBE terms currently used.

Support for Windows Vista, 7 and 8

Version: 4.0

Full support for Windows Vista, 7 and 8

MS Server and Remote Desktop (Terminal Services Support)

Version: 4.0

The AssetManager Pro Enterprise and Advisor Editions now support the application being installed and run from MS Windows Server and if needed access via Remote Desktop (Terminal Services)

For full details on supported MS Server versions, refer to the AssetManager Pro System Requirements

Performance Improvements

Version: 4.0

For example 20 sec to run the Asset Deprecation by Asset Group report for 1745 Assets in v2, compared to 10 sec in v4 - double the speed!

Asset Monthly Depreciation Report

Version 4.1

New depreciation report that enables the user to select a specific month to report on the depreciation (previously could only report on YTD)

Great new report for reconciling against the monthly depreciation journal reports and exports.

Other v4 Features

Refer to the v4 info page for more information here

• 1st Jan 2014 to Current - $1,000 for immed. write-offs (Prev. $6,500) (ATO reference)

-

• 1/7/2012 – 31/12/2013 - $6,500 for immed. write-offs (Prev $1,000)
• Before 01/07/2012 - $1,000 for immed. write-offs (Prev $300)

• No Changes (All dates/years $300)

• No Changes (All dates/years $300)

•  1st Jan 2014 to Current - NoAccelerated Initial Deduction on Motor Vehicles (Prev. $5,000) (ATO reference)

• 01/07/2013 to 31/12/2013 - $5,000 Accelerated Initial Deduction on Motor Vehicles

• 2007-08, 2008-09, 2009-01 ($57,180)
• 2010-11, 2011-12, 2012-13, 2013-14, 2014-14 ($57,466)

• 2002-03, 2003-04, 2004-05, 2005-06, 2006-07($57,009)