What's New in CenterPoint® Depreciation Version 19

*Incremental version that is available on demand. Call Red Wing Software Technical Support to request this update.

Version 19.9

  • Released to keep the version number consistent with other CenterPoint products.

Version 19.8*

  • Released to keep the version number consistent with other CenterPoint products.

Version 19.7*

  • Released to keep the version number consistent with other CenterPoint products.

Version 19.6*

  • Fixes
    • Quicklist – When using the Database Startup Preference “Always Open a Selected database”, corrected an issue, on database open, with quick list items being disabled in some circumstances.

Version 19.5

  • 2024 Section 179 Limits - Changed Section 179 property limits for tax years beginning in 2024; taxpayers can expense up to $1,220,000 in section 179 property. However, this dollar limit is reduced when the cost of section 179 property placed in service during the year exceeds $3,050,000.
  • 2024 Luxury Auto Limitations - Updated Luxury Auto Limitations for business vehicles placed in service in 2024 and the lease inclusion amounts for business vehicles first leased in 2024.

Version 19.2/19.3/19.4

  • Released to keep the version number consistent with other CenterPoint products.

Version 19.1

  • Released to keep the version number consistent with other CenterPoint products.

Version 19.0

  • Reports > Reports > Fixed Asset Acquisitions & Trades - Improved the efficiency of editing fixed asset items with a MACRS schedule from the report drill-down.
  • Processes > Depreciation > Asset Entry - The SDA Percent will now limit to 80% for 2023.