Accounting Technology articles from July 2003

Accounting Technology archives from July 2003

Accounting's new math. (Editor's Note).
July 1, 2003... Most accountants have heard the old question of how much is two plus two? The accountant's punch line is, "How much do you want it to be?" It speaks somewhat to the moral suppleness that underlies the CPA culture and led to the Enron era....

Life after the dot-coms.
July 1, 2003... E-Commerce may not have led to a fabulous world of level playing fields and riches. But online computing, whether application hosting or online commerce, will not go away. This year's E-Leaders feature tells the stories of companies that...

Letters to the Editor.(Letter to the Editor)
July 1, 2003... I have been a Great Plains partner for many years. I sometimes gag when I state I am a Microsoft Business Solutions partner now. But I have to work with the software I am most proficient in. Fortunately, the Fargo team has continued to keep the...

Street talk: reader views.
July 1, 2003... How well do accountant/CPA recommender programs work? What are the biggest benefits or the biggest problems with recommender programs? I have heard from other people that they worked, but they haven't worked for us. The biggest problem is...

Best rewards loyalty. (Practice Development News).(Brief Article)
July 1, 2003... Best Software has introduced the Best Select Partner Program to give added benefits to partners that sell three or more of the vendor's products. VARs who qualify receive discounts on sign-up fees, renewal discounts, sales lead priority,...

EHTC adds CRM practice. (Practice Development News).(Echelbarger, Himebaugh, Tamm & Co., )(Brief Article)
July 1, 2003... Echelbarger, Himebaugh, Tamm & Co., an accounting firm based in Grand Rapids, Mich., has hi red Pierre Hulsebus as manager of its newly established Customer Relationship Management Group. Hulsebus has more than 15 years of experience in IT,...

ABS sells NFP package. (Practice Development News).(Applied Business Services)(Brief Article)
July 1, 2003... Applied Business Services, one of Open Systems' most active resellers, has sold its not-for-profit module to Open Systems for inclusion in the Traverse software line. ABS president Maureen Williams said that ABS, located in Gaithersburg,...

Looby joins OfficeStandard. (Practice Development News).
July 1, 2003... Susan Looby, a former CEO for System Solutions Group, has joined Atlanta reseller OfficeStandard as vice president of sales. Looby, a CPA and a certified account executive for Microsoft Business Solutions, has worked with accounting...

CG changes image. (Practice Development News).(Clifton Gunderson)(Brief Article)
July 1, 2003... Clifton Gunderson plans to reposition its technology marketing to portray the firm as a systems integrator, not just as an accounting software reseller. The firm, which just acquired Network Technology Solutions, a systems integrator in...

CYMA plans ASP program. (Practice Development News).(Brief Article)
July 1, 2003... Cyma Systems, a Tempe, Ariz.-based accounting software vendor, plans to introduce an application systems provider program, scheduled to be launched by August. Cyma president Steve Brueckner says that the ASP partner pays Cyma a month...

Jimison replaces Fenimore. (Practice Development News).(Brief Article)
July 1, 2003... Ray Jimison, who headed Best Software's BusinessWorks Group, has taken over as vice president and general manager for CPASoftware, which Best purchased eight months ago. Jimison replaces Mark Fenimore, who founded CPASoftware, a Pensacola,...

Icode targets Navision VARs. (Practice Development News).(Brief Article)
July 1, 2003... Icode, which makes financial software, says that it is making a special effort to enroll VARs that sell Microsoft's Navision software to handle its Everest line. Robert Skinner, CEO of Chantilly, Va.-based Icode, expects to announce "a...

Softline prices buyout. (Practice Development News).(Brief Article)
July 1, 2003... Softline, the South Africa-based company that owns AccountMate, Business Vision, and Datafaction, has priced its offer to take the company private at $75.2 million. A shareholder meeting to approve the proposal to delist the company from...

MBS to drop pervasive. (Accounting News).(Brief Article)
July 1, 2003... Microsoft Business Solutions will stop selling database products from Pervasive Software at the end of the year, switching to sales of Microsoft SQL Server. "Since we were acquired by Microsoft, the number of customers buying the Pervasive...

Peachtree moves up. (Accounting News).(Brief Article)
July 1, 2003... Best Software's Small Business Division has expanded the Peachtree line by adding Peachtree Premium on the high-end of the retail accounting software offering. Premium represents a product that provides a transition for users moving up to...

Epicor taps CFO. (Accounting News).(Brief Article)
July 1, 2003... Epicor Software has named Michael A. Piriano as chief financial officer and senior vice president to replace Lee Kim, who resigned after serving as CFO since October 1999. Piriano recently founded CEO Resources LLC, an executive resource...

Softline promotes Ryan. (Accounting News).(Brief Article)
July 1, 2003... Softline has promoted Laureen Ryan to the newly created job of vice president of marketing for Softline America, with responsibilities for both the AccountMate and Business Vision brands. Ryan came to Softline's Novato, Calif.-based...

NetLedger goes vertical. (Accounting News).(Brief Article)
July 1, 2003... NetLedger, which markets online financial and CRM products, has enlisted a number of vertical market companies to provide additional services to its Internet-based offerings. Among the partners named are Ryburn, a Salinas, Calif.-based...

Abra enterprise base sold. (Accounting News).(Brief Article)
July 1, 2003... Kronos, a company serving the high-end market, has purchased the customer base of Abra Enterprise, a Web-based human resource management system, from Best Software. The sale contrasts with the high-profile launch of the Web-based system in...

Blackbaud opens division. (Accounting News).(Brief Article)
July 1, 2003... Blackbaud has formed a patron management division to focus on products for nonprofit organizations that raise money and sell tickets. The new division will incorporate the products of Intelitix, a Norcross, Ga.-based company that made a...

Exact links to Great Plains. (Accounting News).(Brief Article)
July 1, 2003... Exact Software has integrated its e-Synergy CRM systems to the Microsoft Great Plains Dynamics system. The interface utilizes XML to transfer customers, vendor items, and posted general ledger transactions to e-Synergy, and new and modified...

Taxware gives EU help. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... Taxware, which provides Internet-based tax compliance systems, has launched a Web site to help companies based outside the European Union deal with the EU's regulations regarding taxation of digital sales. The site, www.eudigitalsales.com,...

TaxSimple hosts bundle. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... TaxSimple, a Randolph, N.J.-based company that makes tax preparation software, is offering hosted bundles of its individual and business tax packages. "If you have a broadband connection, the software runs just as fast from our computers...

Profiles buys StatiaFx. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... Financial Profiles, which makes the Profiles+ financial planning software, has acquired StatiaFx, a Portland, Ore.-based company that makes data aggregation and consolidation software. Financial Profiles, which is owned by Almerica, was...

Ibbotson hits the web. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... Ibbotson Associates has released iPlan, which provides Web-based asset allocation, investment planning, and proposal generation features for advisors. The system can be delivered as a packaged Web site that can be deployed in an...

Xcentric boxes networks. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... The Xcentric Group, which specializes in selling technology services to accounting firms, plans to offer a 10-license networking and application package starting this month. The yet-to-be-named product will be priced at under $20,000, says...

Intuit net doubles. (Tax & Financial Planning News).(3rd qtr ended Apr 30, 2003)(Brief Article)
July 1, 2003... Intuit's financial results jumped in the third quarter ended April 30 as the company more than doubled net income while revenue rose by 29 percent over the previous year. Earnings hit $294 million in the recent quarter, while revenue hit...

WK results drop. (Tax & Financial Planning News).(Brief Article)
July 1, 2003... Wolters Kluwer, the company that owns CCH and Aspen Publishers, reported that its net income dropped 47 percent on a 15 percent decline in revenue for the first quarter ended March 31. WK, based in the Netherlands, says the first quarter is...

Spelling accounting with an 'e': this year's eLeaders find online accounting and e-commerce effective business platforms.
July 1, 2003... A funny thing happened when Laurie Notarianni owner of Pyramid Consulting tried to contact her client. Fuze Beverage which had implemented Accpac's Advantage software line via its hosted system called Accpace Online. "They had moved and we...

Tax preview: how suite it is! Itegrated office packages combine tax, accounting, and engagement services.
July 1, 2003... If Tax Year 2003 required an anthem, it could go retro with Canned Heat's "Let's Work Together," although the Beatles' "Come Together" from a year earlier might prove a more popular choice. Either song, however, would underscore the...

Pay it on the web: Internet-based payroll makes a chore a breeze.
July 1, 2003... Online payroll services are designed to overcome the major obstacles that prevent accountants from offering simple, profitable, and manageable payroll services to their clients. Unlike PC-based solutions, online payroll systems require no...

Selling imaging systems--the paperless chase: trees sigh in relief as pros begin selling document management systems.
July 1, 2003... Imagine this too-frequent problem: A company has paper coming in at different times, and too much time is spent matching received documents to invoices and ultimately to purchase orders. This results in delays in the check-cutting process, not...

Rx for healthcare clients: niche software; accounting packages are addressing the medical sector's need for better business planning tools.
July 1, 2003... Generating more commotion than an "ER" season finale, the healthcare arena is luring middle-market accounting software vendors and their channel partners into alliances with third-party medical management development houses. Up for grabs...

Solstice Pro 3.0. (New Products).
July 1, 2003... Solstice Pro 3.0 extends QuickBooks to the jobsite so that contractors and builders can manage crew, employee time cards, purchase orders, invoices, job notes, change orders, and materials on a Pocket PC. At the desktop, it provides...

CPAnalyst. (New Products).
July 1, 2003... CPAnalyst Version 3.4 Viewer comes with Monthly, Quarterly, Six Month, Nine Month, and Annual Models that analyze a business's significant financial results. Users can create Models that reflect their own companies and/or industries'...

LifeRecords. (New Products).
July 1, 2003... LifeRecords allows professionals to provide their clients with a service to organize financial, legal and estate planning records. LifeRecords provides two convenient methods for recording the pertinent information, preformatted pages to...

Tax Office Management. (New Products).
July 1, 2003... Designed specifically for small to midsize tax preparation and accounting firms Tax Office Management software (TOMS) provides client information including data, billing history, and appointment times. TOMS permits easy access to complete...

QuickBooks Nonprofit. (New Products).
July 1, 2003... QuickBooks Premier: Nonprofit Edition 2003 and QuickBooks Enterprise Solutions: Nonprofit Edition help nonprofit organizations manage finances. Both editions include a nonprofit-specific Unified Chart of Accounts, budget tracking,...

Great Plains 7.5. (New Products).
July 1, 2003... The Advanced Distribution features in Great Plains 7.5 assist businesses in optimizing distribution, managing inventory more effectively, responding to customers, maximizing profits, and configuring the solution to meet business-specific needs....

Lexmark T632. (New Products).
July 1, 2003... The Lexmark T632 can be tailored for a vast array of business output applications. The T632 provides increased productivity, and is capable of output speeds of up to 45 pages per minute, time to first print is as low as 8.5 seconds, and a...

TaxPenalty.com. (New Products).
July 1, 2003... TaxPenalty.com has added an instant access feature that automatically saves all penalty re-calculations and reports, allowing them to be edited later. These can be quickly accessed via a log-in and password. The new program offers a...

Accpac Messenger. (New Products).
July 1, 2003... Accpac Messenger, an application for managing voicemail, call center, and fax communication system, now scales from small and mid-size businesses to the enterprise. It provides communication capabilities through administration of...

Epicor for Service Enterprises. (New Products).
July 1, 2003... Epicor for Service Enterprises encompasses opportunity and bid management, project engagement and delivery management, forecasting, planning and collections, sourcing and procurement, financial management, and planning and analytics. It...

PCAOB Reporter. (New Products).
July 1, 2003... The PCAOB Reporter, a detailed review of the latest news and events shaping the public company accounting profession enables public accountants and public company legal advisors to stay on top of developments created by the Sarbanes-Oxley Act...

SpeedShift. (New Products).
July 1, 2003... Users of QuickBooks can share data with InTime Solutions staff scheduling software, SpeedShift. It automates the exchange of tracking work time between SpeedShift and QuickBooks. A Master Schedule allows for the scheduling of personnel...

Up Your Cash Flow. (New Products).
July 1, 2003... Up Your Cash Flow NFP produces budgets of revenue and expenses, cash flows, and statements of financial position without many of the complications associated with spreadsheet software. Users can create multiple forecasts, consolidate...

404 Resource Guide. (New Products).
July 1, 2003... The Guide to the Sarbanes-Oxley Act: Internal Control Reporting Requirements, contains more than 100 frequently asked questions regarding Sarbanes-Oxley implementing assessment requirements and provides essential guidance for project team...

DTS File Butler. (New Products).
July 1, 2003... The File Butler, combined with good file-naming procedures, helps eliminate obsolete files. Users put the deletion date in the filename when the file is created. With File Butler, deletion dates can be added to files, and the File Butler...

Blackbaud: leveraging relationships. (Channels).
July 1, 2003... Already a nonprofit software specialist, Charleston, S.C.-based Blackbaud is looking to reap the benefits of further specialization by setting up a third-party applications development network by using one of ifs greatest resources--its...

Internet directory.
July 1, 2003... Practical and Innovative Resources from AccountantsWorld www.AccountantsWold.com Join the 60,000 strong community of independent accountants. Receive the widest array of free tools, services, training, education and other innovative...

Cliff Hunter: vertically focused. (Accounting Technologist).
July 1, 2003... In the belief that you can't be all things to all people, the Business Technology Solutions division of Gunnip and Co. is busily carving out niches for itself in not-for-profit accounting and disaster recovery services. "All of our...