Overview

Depreciation 4562 Pro is a complete fixed asset system which includes book and tax depreciation, management reporting, and asset tracking. Current tax rules for depreciation are built in, to guide you through the process of adding assets to meet federal requirements. All depreciation and amortization methods required for federal tax reporting is included in an easy to use format. Extensive on-line help details methods and tax requirements.

This cost-effective software was designed to meet your business needs. You can create an unlimited number of companies and assets. Fixed Assets can be classified by asset type, class, general ledger account, or location. Detail information is tracked by asset. There are fifteen standard reports, which can be preview or printed.

Some of the features of Depreciation 4562 Pro

Easy customization of asset classes simplifies asset input.
Most reports can be produced for any period, historical or future.
Supports fiscal years ending in any calendar month.
Keeps track of Tax and Book depreciation.
Multiple users are supported
Unlimited FREE technical support is included.
You can have an unlimited number of companies and assets.
A Sample Company and data are included to reduce the learning curve.
Auto calculation of accumulated depreciation to aid in conversion of assets from a different application.
Depreciation is generated using IRS tax tables.
Eight comprehensive tax reports are provided.
Seven standard Book reports are included.
Produces monthly journal entry for book depreciation.
New maximum automobile limits can be input to stay current with changing tax regulations.
Backup Wizard makes it easy to backup valuable fixed asset data.
Keeps track of assets by location.
Maintains notes on each asset.
A formal Tax or Book depreciation schedule can be printed for an asset.
A comprehensive asset import feature is provided.
You can export many of the reports into an Excel spreadsheet.

Fifteen year history of producing depreciation software.

Compliant with all federal tax requirements.

Computes and prints Form 4562. *
Tracks Section 179 deductions and limits.
Calculates Luxury Automobile Depreciation.
Determines the 30%, 50%, and 100% Special Depreciation Allowance.
40% rule calculation to determine if mid quarter is convention is required.
Half-year, mid-quarter, and mid-month conventions are provided.

Constantly revise to keep current with federal tax changes.

Allowance for business percent input.

The following depreciation methods are supported:

* Adobe Acrobat Reader is required. This can download for free at www.Adobe.com.