Wright Williams & Kelly
Technical Alert For All Users
WWK has identified an error in the 5 Year Table reports for depreciation lives of less than 5 years. No problems have been observed if depreciation life is set to 5 years or greater.
If depreciation life is less than 5 years, annual depreciation is correctly calculated for the depreciation life specified. However, additional years of depreciation are added for each year up to 5. Thus, all equipment cost categories in the 5 Year Table are over-stated. All values are correct for the Life Summary Tables and the Management Report. Only the 5 Year Tables are impacted.
This issue will be corrected in the next release of TWO COOL®. The next revision is expected by the end of December 1995.