Copyright: Easy Financial Calculations ® 1995 Harry Adelman


Contents

Easy Financial Calculations allows you to do loan payments and amortization, calculate depreciation, and can show you the future value of money.

Introduction

System Requirements

Software Requirements

General Procedures

Reference

Index

Menus

Registration

Why Register?

Registration Form

Other Products


System Requirements

•	Personal Computer using an 80386 or higher microprocessor

•	2 MB RAM (4 MB recommended)

•	1 MB free hard disk space

•	EGA, VGA, super VGA, XGA, 8514/A or compatible video graphics card

•	Mouse or compatible pointing device is recommended


Software Requirements

•	MS DOS operating system version 5.0 or later

•	Microsoft Windows version 3.1 or later


General Procedures

•	Do not use punctuation (dollar signs, commas, etc) when entering amounts or interest rates; the only allowable non-numeric character is a decimal point

•	Interest rates must be between 0 and 100%

•	After all information is filled in on the screen, press the Calculate button to see the result

•	If the calculation has a secondary summary screen, you must press Calculate first before you can press the Summary or Amortize button

•	If an entry screen has a description field, it will be used in the report title if filled in


Index

C

Compound Interest

Contents

D

Depreciation

G

General Procedures

I

Index

L

Loan Payments and Amortization

Loan Principle

M

Menus

O

Other Products

P

Payments to Reach a Financial Goal

R

Registration Form

S

Software Requirements

System Requirements

W

Why Register


Menus

File

•	Setup Printer...	Change printer options

•	Exit	Close all files and terminate program

Calculations

Compound Interest (Monthly Payment)

Compound Interest (Lump Sum)

Loan Payments and Amortization

Loan Principle

Payments to Reach a Financial Goal

Depreciation

Help

•	Contents	Show help file contents screen

•	Search for Help on...	Search for a specific help topic

•	About...	Display about dialog box


Compound Interest

   Compound interest can be calculated two ways; either via a lump sum amount or by a monthly payment.  In either case, a future value for the amount entered will be calculated, and a year by year summary can be generated and printed.  This calculation is useful for retirement planning or college savings.


Loan Payments and Amortization

   This calculates monthly payments based on the amount of a loan or mortgage, the interest rate, and the term.  Additionally, it allows you to view the amortization of the loan, either by by year (if Summary is selected for Report Type) or by month (if Detail is selected).  The starting month and year default to the current date, but may be changed.  The description field allows you to optionally customize the title of the amortization report.


Loan Principle

   This calculates the amount of a loan, based on the monthly payment, the interest rate, and the term.  It is useful for a "what if" scenario, where you know what you can afford to pay monthly and need to know how much you can borrow, or want to see what a new car will actually cost based on the monthly payment.


Payments to Reach a Financial Goal

   This calculates the monthly payment needed to reach a specified amount at a future date.  It is useful for retirement planning or college savings.


Depreciation

   Depreciation is the annual deduction allowed to recover the cost of business or income producing property with a determinable useful life if more than one year.  Depreciation starts when you first use the property in your business or for the production of income.  It ends when you take the property out of service, deduct all the depreciable cost, or no longer use the property in your business.

   To calculate depreciation, you will have to fill in the cost, the number of years to depreciate (recovery period), date placed in service, depreciation method (explained below), and convention (also explained below).  You may also optionally enter a description that will be used as a report title.

•	Depreciation Method

   There are three depreciation methods.  The applicable method for 3, 5, 7, and 10 year property is the 200% declining balance method, which switches to the straight line method in the first year that maximizes the depreciation allowance.  For 15 and 20 year property and farming property, the applicable method is the 150% declining balance,  which also switches to the straight line method in the first year that maximizes the depreciation allowance.  For residental rental property, real property, or any tree or vine bearing fruit or nuts, the only applicable method is the straight line method, which deducts a fixed percentage every year.

•	Convention

   The convention determines the portion of the tax year for which depreciation is allowable during a year property is either placed in service or disposed of.  There are three types of conventions.  The half-year convention (HY) treats all property placed in service on the midpoint of that tax year.  The mid-quarter convention (MQ) treats all property placed in service on the midpoint of that quarter.  The mid-month convention (MM) applies ONLY to residential rental property or non-residential real property, and treats all property placed in service during any month as placed in service on the midpoint of that month.


Why Register
Why Register?

This is a fully functional copy of Easy Financial Calculations.  There are no mechanisms to disable the program after a period of use.  You may try it for thirty days, after which you are obligated to register the program if you continue to use it.

So why bother to register?  In addition to peace of mind, registration provides you with:

•	The latest available version of the program and help file

•	Notification of new releases of Easy Financial Calculations and other products

•	Minimal charges for upgrades

•	Product support by phone

Registration Form


Registration Form
Registration Form for Easy Financial Calculations

(To print this form, select Print Topic from the File menu)

Enclosed is a check or money order in the amount of $10.00.  Please register my copy of Easy Financial Calculations.

Name:

Company:

Address 1:

Address 2:

City: 	State:	Zip:

Diskette Size (Circle One)  	3 1/2"	5 1/4"

Send completed form with payment to:

Harry Adelman
307 Maple Avenue
Clarks Summit, Pa 18411-2244

How did you receive Easy  Financial Calculations?

Comments and suggestions


Other Products
Other Products Available

•	Easy Invoices - $15.00  Allows a small business to generate invoices, track expenses, and generate financial reports.

•	Easy Rental Tracker - $15.00  Tracks income and expenses for up to ten rental properties, and generates reports.

To order the above products, send a check or money order in the proper amount to:

Harry Adelman
307 Maple Ave
Clarks Summit, Pa 18411-2244

Note: 3 1/2" HD Diskettes will be sent unless you specify otherwise!