A few months back we added a figure at the top of the "Required Data" sheet within the "Input Pro Forma" file that summarised the "Annual Liability" level for all 40 data sets to be modelled. We have found this figure to be of great value in our financial reporting. For a long time there had been a conflict between "Annual Depreciation" (a figure with strong ties to the accounting area and some international and Australian standards limitations) and what we term "Annual Liability". In an effort to overcome this we switched all of our financial reporting to the "Annual Liability" figure. In this way we can track the annual liability figure based on asset service lives and unit rates that may differ from those used for accounting purposes.
However in delivering these figures at the top of the "Required Data" sheet we inadvertently created a small problem with the function that imports data into the "Input Pro Former" file from an earlier version of the same file renamed as "Input"
This has been fixed along with another small and infrequent problem within the "Model All" file with the incorrect delivery of negetive recommended renewal expenditure levels in some extreme situations.
They are really both small procedural amendments but if you are importing data from an earlier "Input pro forma" files (Renamed as "Input" you will have problems if you are doing this with a version of the software from late 2019.
The updated files are now on the web site so please down load them or alternativly send me an email and I will forward them on to you.
