InterestNet FAQs

InterestNet 7 Changes

What is new in release 7?

InterestNet 7 is not an update to previous systems, but a completely rewritten system using state of the art development tools and programming architecture to make it compatible with current and future releases of Windows.

InterestNet 7 has also undergone a major redesign effort to make system navigation more user-friendly.

Users should view the “Whats New in InterestNet7” video on our website before installing version 7, this video is approximately five minutes long, and will give users a good idea of what to expect when they first open InterestNet 7. 

Can the user have both systems installed?

Yes, we actually suggest that the user keep both systems (InterestNet 7 and 6.90) installed for a period of time, until they become completely familiar with the new system.  DMI will continue to support release 6.90 for a period of time, to allow clients time to phase in the new system.

Will my previous data files (“.DMI”) be usable by InterestNet 7?

Yes, all previous 6.XX versions of InterestNet data files will work in the new system.  Please note, however, that these files will be converted to release 7 compatible version of the data file and will not be able to be opened in any pre-7.0 system after that.  As a safety precaution, the system will automatically save a copy of the version of the file prior to the conversion as a . DMIBKUP file, in the same location as the file being converted.  Thus an archive of the previous versions of all files converted will automatically be present unless the user elects to delete them.

Tax and Interest Software

FIN 48 Software

FIN 48 software for managing your uncertain tax positions and calculating interest on federal, state and foreign taxes.

Interest and Penalty Software

DMI's interest and penalty software is a single product solution for federal and state interest computations, including global interest netting.

Services

FIN 48 Implementation Services

Conversion of FIN 48 and reserve UTP data for use with DMI48 software.

Resources

Research links to relevant topic information including Schedule UTP.

Video Demo

#

DMI48 Software Demo

UTP/FIN48 compliance and related interest computation software demonstration.
View Video >

#

InterestNet Software Demo

Interest and penalty computation software demonstration.
View Video >

#

Interest for FIN 48

Learn why interest matters for FIN 48.
View Video >