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Marsoft
Decision Support System (MDSS) – Frequently Asked Questions |
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Manager (SCM) 3.x |
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• New features • Frequently Asked Questions • Known issues with SCM 3.x |
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Manager (SCM) 4.x |
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• Overview • Frequently Asked Questions • Known issues with SCM 4.x |
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What's
New in SCM 3.03 (00Q3: August 1, 2000)? • Export/Import functionality The ability to export from and import projects to SCM's project database has been added. This feature is a convenient way to transfer projects between two SCM installations that use different project databases (for example, a desktop computer and a notebook). The export function generates a file with extension ".EIF" which then can be copied, e-mailed, or otherwise transferred to another computer for SCM import. The import function looks for EIF files in the user-specified directory and imports the one selected. The Export/Import feature can also be used to make a copy of a project within the same project database: simply import an exported project into the same database. The imported project will be given a slightly different name (which can be changed after opening the newly imported project). In addition, this feature can be used to backup project data by exporting and then archiving EIF files. • Annual reports for vessel and loan details The "Vessel Detail" and "Loan Detail" reports can now be viewed in annual format, in addtion to quarterly format. The "Option/Reporting Period" drop-down menu option or the "Q/A" toolbar button (Excel mode) automatically switch the reporting mode (there is no intermediate dialog box as in, for example, the Financial Report). The default periodicity is quarterly. • Custom report option A new report option, "Custom", has been added to the "Reports" drop-down menu. This allows for user-defined templates to be linked to the project reports of the SCM. A custom report template needs to be defined in cooperation with Marsoft (at least for now), and then specified in the SCM by using the "Options/Set Custom Report" drop-down menu option. A custom template has to be in Excel Template (.xlt) format. SCM requires that the name of the template be preceeded by an exclamation mark symbol (e.g., !myreport.xlt). • GAAP report additions Additional lines in the GAAP report provide Total Assets, Total Shareholder Equity, and ROE information on the basis of book values. • Delivered price calculation A 6% adjustment has been added to reflect the expenses (usually capitalized) during construction in the delivered cost of a vessel. If a vessel is specified as newbuilding, SCM reports the contract price at the moment of contract (Pur- chase Date). If a vessel is specified as secondhand with Year of Build the same quarter as the Purchase Date, SCM reports the contract price as of the quarter delivered plus 6%. This premium is used in estimating vessel prices of vessels 0-5 years old (the SCM interpolates between the price of a vessel just delivered (0 years old) and the 5-year old price to assess prices for 1, 2, 3, and 4-year old vessels). • LWT adjustments More accurate data analysis indicated that the LWT of younger containerships was over-estimated. The revised formula assumes that ships built post-1990 are as much as 50% lighter than containships built pre-1980. Vessels built between 1980 and 1990 have LWT's that gradually decline from the pre-1980 to the post-1990 levels. • Refined Loan Ratio calculations The Times Interest and Principal Earned Ratio and the Breakeven Rate in the Loan Analysis report have been modified to reflect the ratio and rate over the past 12 months (4 quarters) as opposed to the current quarter only. This was necessary in order to smooth saw-like charts that resulted from a semi-annual loan repayment schedule. • Sale Date Validation Sale date information can now be left blank. SCM validates the sale date by requiring that it be within the year built quarter and the scrap date as calculated based on the scrap age of the vessel (a "decimal" scrap age can now be entered (e.g., 24.25, 24.50, 24.75)). • Frequently Asked Questions |
