HQ Depreciation will simultaneously calculate and keep records of federal and GAAP depreciation.
- Supports most deprecation methods, including MACRS, 150% MACRS, MACRS straight line, ACRS, ordinary straight line, 200% 150% and 125% declining-balance, and amortization.
- Calculates automobile depreciation and automatically adjusts Sec. 179 to maximize its potential on selected autos.
- Automatically determines whether Mid-Quarter Convention is necessary.
- Prints separate reports for federal and GAAP depreciation.
- Provides for asset grouping on reports.
What's new in this version:
- updates for 2008 50% Bonus Depreciation, Sec. 179 and vehicle limits
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