Simply Accounting 2003 released

ACCPAC has announced the release of Simply Accounting 2003, the new version of its integrated accounting program for small businesses.

Ann Cumming, product manager at ACCPAC, says Simply Accounting 2003 Basic gives small businesses a complete accounting system, and e-commerce features for as little as R895, while the Simply Accounting 2003 Pro version adds multi-user, multi-currency, bill of materials and time billing capabilities, for as little as R1 995.

"Small businesses don't 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 that's easy to use, accurate and gives them a clear picture of their business," she says. "We've designed Simply Accounting 2003 to be the best value accounting software for small businesses - a complete, secure accounting system that business owners can be confident in using day in and day out."

Simply Webstore, a recently added functionality to Simply Accounting 2003, 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 Web stores 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," says Cumming.

The new Departmental Accounting capability in Simply Accounting 2003 Pro enables detailed reporting of up to 100 departments within a company. The program uses segments in the General Ledger account codes, enabling true Departmental Accounting and reporting throughout all accounting modules.

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.

Simply Accounting 2003 allows users to sort and display information based on the user's 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.

"With Simply Accounting 2003, users can now track tax details through the General Journal module," says Cumming. "They can also store additional transaction detail and view additional comment fields in each journal entry."

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.