Deprec8 ver 1.02 for Microsoft Excel versions 4 and 5                                                                                                    
													
Generate Depreciation Schedules                                                                                                 
													
Deprec8 is a MS Excel macro application that generates 
depreciation schedules for tax and book purposes.  For tax 
purposes, it uses the IRS defined Modified Accelerated Cost 
Recovery System (MACRS) to calculate annual depreciation
amounts.  For tax purposes, most tangible depreciable 
property placed in service after 1986 must be depreciated 
under MACRS.  Deprec8 gives you the option of using the 
MACRS half-year or mid-quarter convention for property 
being "depreciated over 3, 5, 7, 10, 15 or 20 years.  
Schedules for 27.5 and 39 years use the IRS defined MACRS 
mid-month convention.  For book purposes, Deprec8 
generates schedules of any duration with either straight 
line, double declining balance or the sum of the years 
digits method.  Deprec8 handles fiscal years that do not 
follow the calendar year, and salvage values for book 
purposes.

Deprec8 can not eliminate the need for consulting advice 
from an accountant.  Ohio Star Software is not responsible 
for any problems caused by the improper use of this 
software, the improper application of accounting principles 
or the violation of tax laws.

How to use Deprec8.xlm

Running Deprec8.xlm is easy.  Deprec8.xlm is a Microsoft 
Excel macro that runs automatically when opened by Excel.  
Deprec8.xlm can also be re-started during the same Excel
session by pressing Ctrl-Shift-A (for the input screen) or 
Ctrl-Shift-Z (for the introductory screen).

When you load Deprec8.xlm, you will see an introductory 
screen.  Select "Generate a Depreciation Schedule" to go on
to the input screen.  The input screen is used to provide 
basic information about the asset (value, desc, etc...). When 
you have all fields completed and select "OK" the macro will 
generate a depreciation schedule based on the information 
provided.  


Registration Information                                                                                                        

Deprec8.xlm is not completely functional in it distributed 
shareware form.  For tax purposes, it will only generate a 
10 year schedule. For book purposes, it will only generate 
straight line depreciation schedules.  If you would like to 
have the tool generate other lengths of tax purpose 
schedules or a double declining balance schedule, you will 
need to register the product.

Registration Levels

Level 1: $10.00   You will receive the Full Function Password 
	 required to generate all of the possible schedule 
	 lengths and types.  If you only have a couple of 
	 assets to account for then this is the best way to go.

Level 2: $25.00   You will receive the commercial 
	 (non-shareware) version of this product without 
	 password protection on the macro itself.  This will 
	 allow you to have complete control over how the 
	 schedules are generated and you won't have to enter a 
	 password to generate a schedule.  You will be able to 
	 modify the macro source code to customize the generated 
	 schedules for your business.  If you need to generate a 
	 lot of schedules and you need them customized for your 
	 business, this is the best way to go.                                                                                  
													
To register this product, send the appropriate registration 
amount ($10 or $25) to:

	 Ohio Star Software
	 Deprec8.xlm 1.02 Registration
	 8919 Deep Forest Ln.
	 Centerville, OH 45458

For faster service with level 1 registrations, mail the $10.00 
check to the address below and send us an e-mail message saying
"the check is in the mail for Deprec8 ver 1.02". We will reply to 
your e-mail with the Full Function Password and wait for your 
check to arrive.

E-Mail Addresses:
	 CompuServe ID: 70412,2455
	 Internet: 70412.2455@compuserve.com