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ACCPAC launches new Simply Accounting 2003

Announcement posted by ACCPAC 02 Jul 2003

Features integrated web store, true departmental accounting,
and dozens of enhancements
ACCPAC Australia Pacific Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), announced today the local release of Simply Accounting 2003, the new version of its integrated accounting program for small businesses. Simply Accounting 2003 gives small businesses a complete accounting system, including e-commerce features, for as little as AUD$110/NZ$130. The Simply Accounting 2003 Pro version adds multi-user, multi-currency, and time billing capabilities for as little as AUD$209/NZ$250.
A major upgrade from previous versions, ACCPAC Simply Accounting 2003 includes the features most requested from a base of over 360,000 registered users worldwide.
Small business owners can spend more time growing their businesses with the dozens of new features and enhancements in Simply Accounting 2003, including:
New Simply Webstore for integrated e-commerce;
New Departmental Accounting (Pro version);
New security features;
New reporting enhancements;
New General Journal enhancements, and;
New time-saving features.
"Small businesses dont have the luxury of expensive consultants to explain or manage their accounting, or create a presence for them on the Internet-they need affordable software thats easy to use, accurate, and gives them a clear picture of their business," said Daithi Holden, ACCPACs senior vice president Australia Pacific. "Weve designed Simply Accounting 2003 to be the best value accounting software for small business - a complete, secure accounting system that business owners can be confident in using day in and day out."
New Simply Webstore for integrated e-commerce
Simply Webstore offers businesses an inexpensive and fast entry to online selling, enabling users to build a complete business-to-business and business-to-consumer Web store in a matter of hours, using any of over 60 supplied store templates.
Unlike typical webstores that operate independently of the accounting system, Simply Webstore understands Simply Accounting data, so no extra integration effort is needed -inventory in Simply Accounting 2003 automatically presents itself in Simply Webstore and sales transactions made at Simply Webstore go directly into Simply Accounting 2003 without re-keying.
Because Simply Webstore is managed online through an ACCPAC hosted software facility, it doesnt require users to set up sophisticated hardware and software in their offices. A low monthly fee of US$35 for the service ensures cost-effective e-commerce capability. ACCPAC also offers optional services to assist with domain registration, setup and design for businesses that want to simplify their e-commerce even further. Simply Webstore works with both Simply Accounting 2003 Basic and Pro versions.
Departmental Accounting The new Departmental Accounting capability in Simply Accounting 2003 Pro enables detailed reporting of up to 100 departments within a company. Simply Accounting 2003 Pro uses segments in the GL account codes, enabling true Departmental Accounting and reporting throughout all accounting modules.
New security features
Simply Accounting 2003 security can now be assigned to the record and journal level. This release also incorporates increased password security and a new check log report that allows small business owners to keep tight control and monitoring of their internal accounting. Equally important, Simply Accounting 2003 retains a full-time audit trail, ensuring accounting integrity automatically.
New reporting enhancements
Simply Accounting 2003 allows users to sort and display information based on the users preference and easily change report-viewing options without having to close and re-open reports. Date range selection for ad-hoc reporting has also been streamlined with pop-up calendars and drop-down lists. In addition, users can now easily produce reports in HTML format for viewing over the Internet.
New General Journal enhancements
With Simply Accounting 2003, users can now track tax details through the General Journal module. They can also store additional transaction detail and view additional comment fields in each journal entry.
New time-saving features
Simply Accounting 2003 includes many new time-savers such as the ability to assign a revenue account to specific customers for faster data-entry. Users can now also quickly access the Microsoft Windows calculator from the Simply Accounting toolbar, easily edit sales tax information in the sales journal and attach user-definable fields to transactions.
Conforming to all requirements of Generally Accepted Accounting Principles (GAAP), ACCPAC Simply Accounting has long been popular among accountants and small business owners alike.
"Its clear that ACCPAC has done their homework with Simply Accounting 2003," saidCallum Skeet, Managing Director of Queensland-based CKRT Business Strategies.
"The product never loses sight of the need to be simple and quick to use, yet it has the querying power and reporting flexibility usually only found in larger systems - to provide busy managers with exactly the financial and management information they need, whenthey need it."
Pricing and Availability
Simply Accounting 2003 Basic and Pro carry RSRPs in Australia of AUD$110 and AUD$209 respectively and in New Zealand of NZ$130 and NZ$250. Both products are available now directly from ACCPAC by calling 1800 222 040 or by visiting www.simplyaccounting.com/aus, and are also be available at Mail Order Software.
About ACCPAC
ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), provides small and mid-size businesses a broad range of end-to-end business management applications designed to enhance customers competitive advantage. Product lines include ACCPAC Advantage Series, ACCPAC Pro Series, ACCPAC HR Series, ACCPAC Business Analysis Suite, ACCPAC eTransact, ACCPAC Exchange, ACCPAC eCRM, ACCPAC Warehouse Management System, ACCPAC ePOS , Simply Accounting, FAXserve and ACCPAC Messenger.
Based in Pleasanton, Calif., USA, with offices in Australia (Sydney and Melbourne), Canada, India, Ireland, Mexico, the Middle East, the Netherlands, South Africa, Southeast Asia and the United Kingdom, ACCPAC has more than 500,000 customers and more than 6,500 channel partners in more than 130 countries worldwide. For more information about ACCPAC and our products, call 1800 262 620 in Australia/ 0800 904 409 in New Zealand, or visit ACCPAC at www.accpac.com, www.accpaconline.com or www.simplyaccounting.com.