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Product Upgrade History

Version 6.2 Build 6201
Released on May 31, 2010

  • Added an optional multi-currency function for capturing asset data with original currency and home currency

  • Print barcode code39 label

Version 6.1 Build 6101
Released on March 31, 2010

  • This version is specifically tailored made for customers in Vietnam

  • Vietnamese characters can be entered into all description fields of all data entry forms

  • All standard reports display Vietnamese characters in all description fields

Version 6.0 Build 6001
Released on November 24, 2009

  • A new Foreign Currency module is added. User can now print standard reports in different foreign currencies

  • Expanded the size of Cost Center field to 5 alpha-numeric characters

Version 5.0 Build 5001
Released on March 1, 2008

  • Assets can now be categorized into classes/groups i.e. Normal, Prepayments, Investment Properties and Minor Assets

  • Most standard reports can now be printed by the above classes/groups

  • Remaining useful life of asset (in months) is captured in selected standard reports

  • All numeric fields have been expanded to take in value up to 999,999,999,999.99

  • A new Physical Inventory module is added.  It includes a function to import file uploaded from barcode scanner and subsequently produces discrepancy reports on the variance found between the physical count records and the asset register

  • Print Report To Excel has been enhanced to give users a seamless interface with Microsoft Excel

  • A new utility Database Scanner is added.  With this, users will be able to view, modify, mass update and even export their asset records to a text file and more....

Version 4.1 Build 4101 
Released on February 1, 2007

  • This is a maintenance release basically for fixing bugs found in standard reports

  • Optimization of software with the latest compiler to enhance speed, efficiency and robustness of the database system.

  • A new software registration procedure is introduced.

Version 4.0 Build 4001 
Released on December 26, 2005

  • Upgraded to the latest programming development environment for better efficiency with new look and feel user interface.

  • Enhanced 'Edit Company/Set Preference...' function with new sets of wallpapers and backgrounds. Users are now able to visually select their favorite background and the change takes effect immediately.

  • When importing data, an additional window added to prompt user whether to overwrite or append to the existing data.

  • Modified 'Edit Depreciation' and 'Edit Capital Allowance' functions.

  • Update of information has been changed to edit-in-place mode.

  • Total revamp on Print Standard Reports routine. You are now able to direct your output to 4 destinations: Printer, XML, HTML and PDF. For this reason, archive report function has been discontinued. However, you will still be able to print and view your archived reports.

  • A new 'Acquired Assets' report has been added to the Standard Reports Menu as requested by many users.

  • A complete new backup and restore function. Its improved features and flexibility are definitely a welcome change to the end-users.

Version 3.3 Build 3302 
Released on January 30, 2005

  • Further enhancement on export posting journal function to include disposal journal as well. The depreciation journal can now be exported by Cost Center, Branch or Account Codes.

  • Performance of Global Update under Window XP has been improved.

Version 3.3 Build 3301 
Released on October 11, 2004

  • Global Update for resetting depreciation and capital allowance.

  • Global Update for computation of historical depreciation and capital allowance. Instead of performing this one by one, user can now perform global calculation with just one click of mouse button.

  • Added Export Posting Journal for exporting the monthly depreciation journal to a csv (comma separated value) file.

  • Enhanced capital allowance computation; Different methods of CA calculations can now be configured to suit the taxation requirements of a wider range of countries including Caribbean, Hong Kong, Singapore and Malaysia.

Version 3.2 Build 3201 
Released on March 28, 2004

  • Added Equipment Assignment function for the tracking of equipment assigned to employees or other persons

  • New Capital Expenditures Budget module to monitor the actual spending on purchase of assets against budget amount

  • Added Depreciation Projection function for users to forecast depreciation into the future years

  • Fixed the flickering screen problem on Update Asset form

Version 3.0 Build 3001 
Released on September 21, 2003

  • New XP style graphic user interface

  • Enhanced import and export functions

  • New reports for listing of fully depreciated assets or user-specified values of NBV and WDV

  • New 'Print Reports To Excel' function enables users to print Standard Reports to Microsoft Excel directly

  • Extended the length of the following fields:

Asset Description:   From 50 to 100 characters
Type field:              From 3 to 4 alpha-numeric characters
Category field:        From 3 to 4 alpha-numeric characters
Cost Center field:    From 3 to 4 alpha-numeric characters 

  • Added new table 'AcqMtd.tps' for asset acquisition method. It is now possible to define acquisition method and subsequently sort the asset listing accordingly

  • Added new table 'DispType.tps' for disposal type. It is now possible to define asset disposal type and subsequently sort the asset disposal listing accordingly

Version 2.1 Build 2103 
Released on June 3, 2003

  • Added Add Value History page to Update Asset routine

  • Improved Update Register Balance routine for depreciation and capital allowance

  • Fixed minor bugs in Fixed Asset Schedule reports (depreciation and capital allowance)

  • Re-designed print report routine for better efficiency

  • Changed the look of all browse windows, the list box now appears in white with lines

Version 2.1 Build 2102 
Released on March 16, 2003

  • Most browse windows are now re-sizable

  • Fixed minor bugs in Month End Process and Change Color Scheme routine

Version 2.1 Build 2101 
Released on November 25, 2002

  • New backup and restore routine which is now compatible with Windows 2000/XP

  • A unique report archiving system that allows end users to save printed reports in their originality for future viewing and printing.
    Save report to text file

  • Modified category data file structure for quick entry in asset update procedure. When a category code is selected for an asset during the update asset procedure, fields like depreciation method, depreciation rate and accounts codes are automatically filled.

  • Added Wallpaper function in Standard Reports Menu. End user can now change the background from a list of 12 specially selected wallpapers.

  • Increased the field's length of Type Description and Category Description to 25 alpha-numeric characters

  • New report - Deferred Taxation added

  • Modified Depreciation Schedule reports to include current month depreciation amount.

Version 2.0 Build 2003 
Released on September 24, 2002

  • Increased the field's length of Asset No and Account Code to 16 alpha-numeric characters

  • Added Method of Acquisition field to the asset database

  • Added a Tax Category table for the capital allowance schedule reporting

  • Added additional methods of asset disposal

  • Modified the computation of reducing balance method depreciation for the initial year of acquisition. Previously full year of depreciation was calculated in the acquisition year. The new method computes depreciation amount based on the actual number of months the asset is "used" in the initial year.

  • Added the following reports:
    1. Tax Category Listing
    2. Detailed Capital Allowance Schedule By Tax Category
    3. Summary Capital Allowance Schedule By Tax Category
    4. One-Row FA Capital Allowance Sch. By Tax Category
    5. Two-Row FA Capital Allowance Cch. By Tax Category


Version 2.0 Build 2002 
Released on September 9, 2002

  • Modified Repairs & Maintenance database to accommodate Repair Type field. All related forms, browse windows and reports are modified accordingly

  • Added a new utility to enable user to reset activity log via the Start menu when encountering the "Login failure. Your User ID is currently in use!" problem

Version 2.0 Build 2001 
Released on August 27, 2002

  • Complete revamp of standard reports interface. More user friendly and reports are printed with faster speed

  • The new standard reports interface also eliminates the problems faced by some users when printing reports from the workstations

  • The Add Value function now takes in negative amount

  • Capital allowances can now be calculated based on either straight line or reducing balance method

Version 1.9 Build 1903 
Released on July 7, 2002

  • Fixed minor bugs on report printing and modified the outlook of some of the pre-defined reports.

Version 1.9 Build 1902 
Released on May 1, 2002

  • Fixed bugs on capital allowance computation during the Month End Process.

Version 1.9 Build 1901 
Released on April 7, 2002

  • Added new feature on asset transfer. The system can now handle transfer of asset from one location to another and keeping track of transfer history

  • Added new report definition for printing of asset location transfer analysis report

Version 1.8 Build 1803 
Released on February 28, 2002

  • Redesigned Fixed Asset Schedule (Capital Allowance) report to speed up printing time

Version 1.8 Build 1802 
Released on February 2, 2002

  • Added Color Setting function in Edit Company/Set Preference. This function allows user to customize the various types of screens from a set of pre-defined color schemes. Users can now do away with the 'gray standard' of window programs and select their favorite color preference to make the program looks 'prettier'. There are different screen types used by the program and user can apply one set of settings to Browse screens, Form screens, Window screens and wallpaper

  • Added a new report under Fixed Asset Schedule (Report -> Analysis Report -> Fixed Asset Schedule) for detailed listing of fixed asset with initial and annual allowances and accumulated capital allowances

Version 1.8 Build 1801 
Released on January 10, 2002

  • Added Software Organizer for keeping track of software licenses and registration. Detailed information on software is now available to user in just a few keystrokes away on screen as well as printed reports

  • Added a small utility for resetting network counter. This feature can be accessed from Start -> Programs -> Fixed Asset Pro 2002 -> Network Counter Reset. Previously, users are advised to keep a backup copy of file 'assetpro.reg' handy in order to replace the corrupted registration file due to system crash or exiting program prematurely

  • To cater for large conglomerate that requires multiple company setup, Corporate Edition is now introduced. In addition to all features available in Enterprise Edition, this edition comes with a 10-user license and unlimited multi-company setup.

Version 1.7 Build 1702 
Released on January 1, 2002

  • Improved backup and restore utility to provide more flexibility in backing up and restoring data

  • Modified report specification to include company name at the footer of each report

  • Modified Edit Company / Set Preference routine to allow user to enter Sub-Company Details (for Corporate Edition only). In addition, a new button (Edit Runtime.ini File) is added for user to modify the .ini file in relation to company name.

Version 1.7 Build 1701
Released on November 25, 2001

  • Introduction of digital image handling. Users are now able to store, view and print digital images of asset

  • Automatic conversion of data files from older versions. When user runs the new version for the first time, the program checks the data files and begins the conversion process if these files are older than the current dictionary

  • Added a "Change Master Level Attribute" button on Change Master Password form. User with master password can now change the attributes of Accessibility. This is useful during upgrading of software. Master password holder can now set the accessibility of new menu items added

  • Fixed minor bugs on several report definitions.

Version 1.6 Build 1601
Released on October 25, 2001

  • New look on GUI design on all windows and forms

  • Added Edit Company/Set Preference function to allow user to edit the company's information and to select the desired date and telephone formats

  • Added Query By Example in the Inquiry pulldown menu

  • New online help

  • Limit user logon. A single user is not allowed to login concurrently from this release onwards

  • Add new window for user with Master password to view the active users logons

  • Track users' activities and provide audit trails for all system usage by users.

  • New report on users logon history

  • New fields added:
    a) PO/VP : 9 alpha-numeric characters
    b) Index Code : 9 alpha-numeric characters
    c) Sub Object : 5 alpha-numeric characters

  • The following fields are lengthened:
    a) Location : 6 alpha-numeric characters
    b) Branch : 6 alpha-numeric characters
    c) Vendor No: 9 alpha-numeric characters
    d) Asset Description : lengthened to 50 alpha-numeric characters

  • The following print report menus have been modified to add in additional reports sorted by Index Code and Sub Object:
    a) Print Asset Listing Report
    b) Print Asset Register
    c) Print Asset Tag
    d) Print Depreciation Schedule
    e) Print Capital Allowance Schedule
    f) Print Insurance Report

Version 1.5 Build 1508
Released on August 3, 2001

  • Print report interface totally revamped. Instead of entering the runtime variables manually, user may now click the side button to display a list for selection at the respective entry field

  • Remove backup data and restore data functions from within the program. These functions are now available from the Start menu through Start -> Programs -> Fixed Asset Pro 2001 -> Backup & Restore, assuming Fixed Asset Pro 2001 is the directory where the software is installed.

Version 1.5 Build 1507
Released on July 3, 2001

  • Fixed bug on Year End Processing. Status of disposed assets will be changed to 'C' or 'Closed' after the year end processing

  • Rectified format problem for record counters (records processed) for both Month End Processing and Year End Processing windows

  • Add a feature to display the Last Year End date automatically when the field is selected in the Month End Processing window

  • Fixed a minor bug on Fixed Asset Schedule report.

Version 1.5 Build 1506
Released on May 20, 2001

  • Fixed bug on backup and restore routine. User can now backup at the Start -> Program -> Fixed Asset Pro 2001 (or other user chosen name). Prior to this fix, some files remained open at the backup routine and as such are not included in the backup data

  • Added runtime variables for Fixed Asset Schedule report. User can now select the Type, Category and range of Asset No to be included in both the detailed and summary report.

Version 1.5 Build 1505
Released on April 28, 2001

  • Addition of a master table named Branch. The system can now cater for companies with branches

  • Three (3) more fields are added to the Asset table. User can now capture Purchase Order Number, Payment Voucher Number and Capital Equipment Requisition Number

  • Change of date format from 'dd/mm/yyyy' to 'mm/dd/yyyy' as requested by most users. This applies to all windows, forms and reports. Please contact us if you still prefer the 'dd/mm/yyyy' format

  • Fixed bugs on user network license. For now, unsuccessful logons will not be considered or counted as network users that caused problems to the 5-user limit

  • Fixed bugs on depreciation calculation that in some instances give rise to negative balance

  • Revised online help and a section on Getting Started has been included to provide guidance for user to 'kick-start' the program.

Version 1.5 Build 1502 
Release Date : April 7, 2001

  • Computation of depreciation on straight line method is now based on equal monthly charges throughout the asset life span irrespective of date of purchase. Prior to this, a full year depreciation is calculated for the first year

  • The non appearance of account type field in Chart of Account is now rectified

  • Fixed some bugs in Year End Process procedure. The change of dates to a new year is now automatic


Version 1.5
Released on 15th December 2000

  • Added features and enhancements are summarized as follows:

Standard Edition

  • Windows 32-bit system

  • Utilities for backing up and restoring data

  • Comprehensive, detailed and context-sensitive on-line help

  • Comprehensive and detailed electronic manual available in Acrobat pdf and Word doc formats

Enterprise Edition

  • Windows 32-bit system

  • Utilities for backing up and restoring data

  • Powerful password access control module fully customizable by users

  • Data import and export features

  • Powerful Report Generator for creation of reusable custom reports from the asset database or other common data formats

  • Comprehensive, detailed and context-sensitive on-line help

  • Comprehensive and detailed electronic manual available in Acrobat pdf and Word doc formats

FAP2001 will benefit business owners and managers alike in safeguarding their investments. With its comprehensive features and flexibility in data handling, keeping track of your valuable capital assets could never be easier...

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