DIFF utilities command has a new HTML formatting option. Type "diff -html <file1>
<file2>" in the Utilities window to view the
differences between two ABC files in an HTML report style window. With
the click of a button, users can toggle
between differences - no scrolling and searching necessary. Also
provided is a color scheme that specifies the types of differences
is a new ABC macro that solves for the maximum purchase price using
linear optimization. OPT/MAXPUR
useful in cases where
OPT/MAXCOST fails or doesn't result in the optimal cost.
New PSHIP flags make it possible to eliminate the adjustments for deficit
Capital Accounts and Minimum
Gain in the HLBV waterfall report. These flags allow
the user to make the accounting presentation consistent with
the underlying LLC agreement. Use questions 720.727 and
720.728, respectively, to specify these options.
Flip IRR Flag
solving for the tax flip date in PSHIP, question 720.106 allows ABC to
calculate an exact flip point within the month.
Proration Mode for PSHIP Tax Flip Date
additional option is available in question
which allows cash split proration on the tax flip date. When selected,
the new "Cash
and Tax Proration" option determines the proportional cash and tax
allocation splits necessary to achieve the exact required yield on the
tax flip date.
Basis Step-Up Revenue Type
can now specify Partner Basis Step-Up as a revenue type in question
6.602. Revenue streams of this type reflect the cash and amortization
impact of a
secondary market acquisition of a partnership position.