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Updates - 7.2.21

Registered users of PIAPro or PIAFpu can install this software edition (7.221) if they have a registration code that begins with a "B" or "C" or later. (You can check this by clicking on About PIA under the Help menu of your PIA software to see when it was registered. The full registration code is displayed on the back of your CD case ) Other users who wish to update to the latest version should contact Somersoft (07 3286 4368) or can order the new version at update prices by clicking here.

The update files are around 1.5 megabytes in size.

Program	Version/Edition	Download	Date
PIAPro	PIA Professional 7.2.21 (for industry professionals)	Win 95, 98, ME, XP, 2000	02-July-07
PIAFpu	PIA Personal Professional 7.2.21 (for investors)	Win 95, 98, ME, XP, 2000	02-July-07

It is important to download the correct file, otherwise the program that installs will only run in demonstration mode and your licensee/registration details will not unlock it successfully. You can check your current version and edition by clicking on About PIA under the Help menu of your software (You can also use this to ensure that you have updated successfully.) Most professionals use PIAPro while most investors use PIAFpu.

To install the update (Win 95, 98, ME, XP, 2000, Vista):

Ensure that PIA is not running.
Click on the appropriate update in the table above.
If you are asked by the browser whether to open the file or save it to disk, choose open (this will automatically run the install once it has downloaded).
When the update runs on your PC, it will confirm the version and edition being updated. Click OK.
You will then be presented with a dialog in which you will need to click the Unzip button to extract the files. The default folder to take the extracted files will be the same as for the original installation CD. If you changed this on the original, you will need to change it here to correspond.
If all has gone according to plan, the updated program should spring to life and request confirmation of the localisation defaults (country/State).

Modifications in PIAPro, PIAFpu, 7.2.21 (02-Jul-07)

Changes to default Australian tax scales.
Changes to NSW land tax calculator.
Minor change to portfolio creation procedure.

Modifications in PIAPro, PIAFpu 7.2.20 (08-Mar-07)

Added a split-rate loan facility under loan types (Interest and Loan Type dialog). This change has been made in response to a relatively new loan product in which a portion of the interest is capitalised in the first few years and the remaining portion paid as interest only. Click here for more details.
Cosmetic changes to some report formatting (Cash flow, Rate of Return, Investment Loan Payments).
Added Internal Rate of Return (if sold) as a bottom line option for Investment Analysis spreadsheet(Settings/menuPreferences) and to the body of the related reports.
Changed starting years shown on input dialogs to be a chronological sequence (1,2,3,4,5) rather than as the sequence shown on the related spreadsheet.
Fixed the Help reference from the Interest rate button in the Home Loan Analysis spreadsheet

Modifications in PIAPro, PIAFpu, 7.2.11 (29-June-06)

Changes to depreciation rates under effective life rules (Australia).
Changes to Land Tax thresholds and scales (Qld, NSW, Vic, WA)
Fix to home loan payments
Updated Quick Start Guide & PIA Help documentation
Fix to changing variables from Report view

Modifications in PIAPro, PIAFpu, 7.2.08 (16-May-06) and PIAPkt 1.019 (06-Jun-06)

Updated tax scales (from 2006/07 financial year).
Changes to Qld Stamp Duty scales (from 2006/07 financial year)

Modifications in PIAPro, PIAFpu, 7.2.07 (21-Feb-06)

Fix to Multiple Properties report (Investment Capacity / Full Report).

Modifications in PIAPkt 1.018 (06-Dec-05)

Updated tax scales

Modifications in PIAPro, PIAFpu, 7.2.06 (13-Sep-05)

Minor fix to Cash Flow Analysis report (if marginal tax rate is chosen to calculate tax credits).
Minor fix to Custom Report (if Rate of Return report is included).

Modifications in PIAPro, PIAFpu, 7.2.05 (16-Jun-05)

Tax scales (Australia) changed for 2005/06.
Land tax scales changed for Qld, Vic, SA, WA, ACT, & Tas.
Changes to building depreciation rates (NZ)

Modifications in PIAPro, PIAFpu, 7.2.03 (28-Apr-05)

W.A. stamp duty scales have been updated (they have actually been reduced!)
Minor formatting changes to Descriptive Investment Report (holiday letting)
Changes to Who Pays graphic report in relation to capitalised interest and expenses

Modifications in PIAPro, PIAFpu, 7.2.02 (24-Feb-05)

A company logo can now be inserted into report headings (PIAPro only)
Refinements to portfolio collation for various loan types
Changes to calculation of break-even parameters under a P&I loan

Modifications in PIAPro, PIAFpu, 7.2.01 (15-Dec-04)

Undo/Redo facility has been added
Photographs can be loaded into the interface and used in reports
A personally customised report has now been added
Reports can now be saved or emailed in Adobe Acrobat (pdf) format
A land tax calculator (to cover all Australian States) has been added
More analytical information is now made available (e.g. initial investment required to break-even in first year; years required to break-even, gross & net yield, cash on cash option)
The data entry check list is now much more extensive (four-pages)
Your investment portfolio information can now be saved with the PIA file.
IRR more precise (monthly calculations over all time frames)
Additional reports have been added (e.g. Wealth Builder) and the report menu restructured (many reports are now accessed from more logical parts of the program)
A revised PIA Quick Start Guide has been released
A revised PIA Users Guide has been released

Modifications in PIAPkt 1.017 (24-Feb-05)

IRR calculations more precise (monthly calculations over all time frames)
Problem with cash flow graphic presentation with P&I loans now fixed
Minor spelling typo now fixed

Previous Versions (7.0.20 and earlier)