Version Date - 07/22/08

 

Date	Pertaining to:	Description of Change Made to Program
07/22/08	Updated the add/edit screen for Idaho conformance to the 2008 Stimulus Act with regards to bonus depreciation. If bonus depreciation is taken for Federal, bonus will also be taken for Idaho method if asset is acquired in 2008.
07/02/08	Added some warning messages for those users who are in the GULF OPPORTUNITY ZONE and have this option selected in the client information screen. The warnings have to do with taking section 179 on asses acquired AFTER 12/31/2007. Since the property must be in a specified area of the GO ZONE, Asset Keeper can not determine if they are entitled to take Section 179 on these assets. The user will have to make this determination and take section 179 where appropriate.
06/19/08	If you attempted to claim AFY (bonus) depreciation on an Electric vehicle purchased in 2008, you would receive an error. Electric vehicles do not qualify for bonus depreciation in 2008. Fixed so it would not try to calc bonus depreciation even if you mark the checkbox to take it.
06/19/08	Trucks & Vans max depreciation when bonus depreciation claimed in 2008 was mistakenly calculated at $ 11,260 and should be $ 11,160. Corrected.
06/17/08	Made a fix to the Section 179 carryover calculation when there is a carryover amount (of Section 179) and a acquisition limitation in effect.
06/10/08	Updated Add / Edit assets for Iowa de-coupling from the bonus depreciation provisions for 2008. Assets added in 2008 will no longer have bonus depreciation calculated for the Iowa state method.
06/03/08	Made a fix to the Quick Add option. Was not assigning the correct life to the correspoinding methods.
05/22/08	Lookup would error when looking at an empty file.	Corrected!
05/01/08	Asset Aged Listing produced an error with an asset older than 99 years.	Corrected!
04/29/08	Made a fix to the BNA conversion program.
04/24/08	Made a change to the short year calculation to fix a problem with calculating GAAP (book) depreciation when the short year is only one month long.
04/17/08	Added IRS From 4562-FY for fiscal year companies that claim bonus depreciation on 2008 acquisitions.
04/02/08	FAS for Windows Conversion was not bringing over the correct acquisition date when one of the FASW methods had a invalid In-Service date.	Corrected!
03/25/08	Indiana Personal Property Report TTV% for 2008 updates requested.	Complete!
03/13/08	Made a fix to the Quick Add. Generated an error when duplicating the prior asset.
03/11/08	Made some changes to Proseries conversion to accommodate 2007 data files. Made some changes to UNRESET TO PRIOR YEAR so that you would not get warning when unresetting to prior year and you selected the option to save acquisitions.
03/06/08	Minor change to Diagnostics Report. Changed backup to force backup files to begin with "AK_" otherwise, they would not be recognized by Asset Keeper as a backup file.
03/05/08	Changed Diagnostic Report for additional first year depreciation (bonus). Changed the Nebraska Tax Report for the Nebraska Personal Property to exclude disposed assets.
02/29/08	Minor fix for ALLUSERS configuration when running Windows 98.
02/28/08	The word "Company" was spelled incorrectly on the Oklahoma 901-EZ.	Corrected
02/26/08	Updated for Economic Stimulus Act of 2008. This includes increased Section 179 and increased threshold limits for acquisitions, as well as bonus depreciation on 2008 acquisitions. Also made a fix for Auto Assign Section 179 when Federal was NOT your first method.
02/18/08	Oklahoma Personal Property Report using the incorrect county report.	Corrected!
02/13/08	Added a shortcut modification (add a space and the word "ALL" to the target) so that ALL users on a computer can run the program without having to do a separate install for each user.
02/12/08	Fixed an error generated when printing the AFYD Comparison Report to disk.
02/08/08	Make a fix to the IRS Form 4562 for AFYD claimed on 2007 assets. Reduced the basis amount shown on the 4562 for bonus depreciation claimed.
02/07/08	Made some fixes to import and export for new fields added in version 23.
02/06/08	Fixed import for new trade allowance field.
02/01/08	Fixed the Client Summary (File, Client Summary) for an error on calculating the allowable section 179 when Go Zone option is selected.
02/01/08	Added an alternate Main Menu toolbar (selectable in the Configuration Wizard) that includes text as well as graphics. Made a fix to the AFY Comparison Report.
01/30/08	Made a change to the 4797 and the way Asset Keeper calculates Section 291 recapture for 1250 property.
01/30/08	Added Personal Property Rates for Kentucky.	Complete!
01/29/08	UnReset option did not include the option to save current acquisitions to a separate file before unresetting. Added it back.
01/24/08	Made a fix to the file listing when the Quick Refresh checkbox is not marked.
01/23/08	Changed backup so it would include unreset files in the backup zip file.
01/21/08	Updated the New Mexico personal property rates for 2007.
01/17/08	Made a fix to the configuration wizard to bring over the user-defined reports.
01/15/08	Made a fix to the asset detail report printed from the Add / Edit screen to correct an error when including monthly depreciation on the report.
01/14/08	Update required for Georgia Personal Property Taxes.	Updated!
01/11/08	Problem with copying prior year config file.	Problem fixed!
01/10/08	Changed the option to copy configuration from prior year's configuration file to include user-defined reports. Was not included in initial release.
01/08/08	Version 23 was not finding the Version 22 configuration file. Fixed to look in the correct folder for Version 22 configuration file.
01/08/08	Full version update.	Activation code must be entered to make is a full version.
12/12/07	Made a fix to the 4797 Information report - error was being caused by traded asset when calculating SL depreciation to determine any recapture amount. Also made a fix to the lookup buttons for transfer codes. Error generated when no values where available for lookups.
12/05/07	Pre-release sent on 12/05/2007.	Sent!