Vancouver February 14-20, 2006; issue 851
High Tech Office
Success multiplies for
We're No. 1? You might expect that we
would all be aware of a locally based software product celebrating its
20th anniversary that was No. 1 in its class.
But somehow, I'd managed to lose
track of Simply Accounting, originally developed by Burnaby-based Bedford
Software, which passed through several hands on its way to present
owners, Sage Software (formerly known as Best Software).
Though British-owned since 2004, Simply Accounting continues to be
developed here (in Richmond, to be exact). And in June 2005, AC
Nielsen rated it Canada's No.1 best-selling small business
accounting software, with a 57 per cent market share. Sage's Leslie
Schultz credits the software with 400,000 Canadian small business
users; nearly double the number using competitor QuickBooks.
Windows-based software has evolved into a family of products, with 2006
editions including a Basic package ($150), a Pro version for multiple
users ($270 for a two-user version, $700 for six users), and a Premium
edition ($450 for two users, $1,000 for six users). New to this year's
lineup are an Accountants' edition, for accounting professionals with
Simple Accounting-using clients, and an Entrepreneur edition ($100)
focusing on small and home-based business owners.
2006 versions promise a simplified user interface with re-organized
menus and a new home window for quick access to common activities.
Cheque printing has been updated to comply with new Canadian
cheque standards. There's an improved form designer for creating
customized invoices and other business forms from the accounting data.
JPEG images of inventory items can be displayed and Excel data can be
imported and exported. Simply Accounting data can be merged with form
letters generated by Microsoft Word.
new Entrepreneur edition tries to replace accounting jargon with
everyday language, enabling new business owners to simplify and
automate expense tracking and billing customers.
Basic edition provides quick setup for entry-level accounting and
promises non-accountants the ability to prepare invoices, write
cheques, track inventory, handle simple payrolls and manage customers
Pro edition adds real-time multiple-user access, form templates,
detailed project budgeting, multiple-currency support and expanded data
features are aimed at service, inventory and manufacturing companies.
This version can integrate with Sage's ACT! contact management program
and with Microsoft Outlook. The Premium edition supports
growing businesses with multiple locations or divisions and adds
enhanced inventory tracking and financial reports. Custom reports for
the Premium edition are available for construction, retail,
professional services, property management and accommodations or can be
created using the included copy of Crystal Reports for Simply
accountants needed to install each edition of Simply Accounting in use
by their clients; a single installation of the new Accountants' Edition
will enable accountants to work with client data generated by any 2006
version and to synchronize year-end entries with client data files.
versions include a full-time audit trail to help ensure accounting
integrity. General ledger, employee, inventory, and other data can be
imported from recent versions of Quickbooks, MYOB and Quicken.