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ACCPAC Simply Accounting Differences

Targeted to small business with less than $5 Million in revenues and 20 employees.

ACCPAC. – Purchased by Best and according to Best - 1) Over 500,000 customers just in Canada; 2) 60% of the Canadian small business market; and 3) Taught at 2,000 educational institutes across Canada

Access. Simply accounting is based on the Access database, which is an ideal platform for a small business. The product is stable, popular, built by Microsoft and open. An open database means it is easy to access information from other systems.

Crystal Reports. Version 7 of Crystal Reports ships with Simply Accounting. Crystal Reports is the leading report writer in the world. Crystal Reports is used for reports and forms (for example invoices) so customization of reports and forms is a relatively easy process if you know Crystal Reports.

Ease of Use. Simply Accounting uses a simple approach to navigating the system. You start from 1 screen that can easily get you to all parts of the program.

Accounting Integrity. Simply Accounting takes a traditional approach to setting up accounts and audit trail. You need to use a structured set of accounts; it's not possible to turn off the audit trail (although you don't need to print changes to transactions); you can preview the journal entry before posting a transaction; reversing entries are automatically created for changes to transactions; there are controls to prevent accidental posting to previous years...

Value. Basic at $199 includes GL, AR, AP, Payroll, Inventory, Job costing, Dual-currency, Custom forms designer, single user, 2 currencies. Pro at $299 includes Basic + Multi-user (up to 6 users), Multi-currency, Departmental Accounting, Time & Billing, Bill of Materials, Multiple price lists, “My business” console, unlimited currencies. Premium at $499 includes Basic and Pro + Expandable GL – up to 8 digits, Change the range of account numbers, Consolidate companies, Industry specific terminology, New reporting, Forecasting, Analysis, Customizable “My business” console

Departmental Reporting. Starting with the 2003 version of Simply Accounting PRO, you can optionally use a 4 digit code for department. You specify which accounts are used by which departments, and can have departments default based on customers or inventory items. You can also override the department or choose to leave it out.

Key Business Performance Measures. Dashboard showing - short-term cash projections, daily sales totals, total expenses and key business ratios all instantly available.

Mobile Use. Run Simply Accounting Mobile on a Pocket PC handheld device (Pro and Premium versions). Record sales orders…

French. Switch from English to French and back on the fly. Specify the language to use with customers. For example, send customers invoices in French, while you work in English. Specify the language for individual users of Simply Accounting on a network. Some users can work in English while others work in French.

Form Designer. Creation of custom invoices and other forms – don’t need Crystal but will continue to support Crystal and reports/forms created in previous versions will still function.

Integration with Microsoft Outlook. Pro and Premium editions - Synchronize vendor or customer contact list. Synchronize on add, change, or delete by clicking a button in Outlook to update the records in both programs.

Consolidation. Pro and Premium editions - Create parent from subs Subs. Can have different chart of accounts. Merging data from subsidiary companies that use Simply Accounting Basic or Pro, version 2005, or Simply Accounting Premium

eCommerce. Simply Accounting includes Webstore that allows you to take orders and payments including credit card over the internet. Webstore is tightly integrated with Simply Accounting Basic or PRO. Webstore runs off of ACCPAC's site and it will cost $49/month plus a one-time setup of $49.

Integrated Credit Card Processing and Validation. For a setup fee of $99, a monthly fee of $19.99 and a transaction fee of $0.30/transaction, you can accept payment by credit card. It’s integrated with Simply Webstore, or for those who don’t use Webstore, they can process credit cards through a secure virtual terminal (a service that allows you to process credit cards using your web browser as a credit card swipe terminal) directly within Simply Accounting.

ASP (Application Service Provider). In May 2003, ACCPAC announced Simply Accounting Online, which allows you to run Simply Accounting over the internet with just a browser on your computer anytime or anywhere. You pay a small fee per month to rent the system, which runs on ACCPAC's internet site. Your data is also maintained on ACCPAC's site. One of the advantages of the ASP approach is that you can now have up to 25 users access the system. The increase in the number of users is due to the ASP version using Microsoft SQL Server as the database.

 
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