Educators Select "Simply Accounting" Software as a Teaching Tool For 800 Canadian Schools.MISSISSAUGA, Ontario--(BUSINESS WIRE)--June 22, 1998-- "Simply Accounting" Helps Students Learn Accounting Principles and Develop Practical Job Skills ACCPAC ACCPAC Accounts Package ACCPAC Accounting Package (R) INTERNATIONAL INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. ., a subsidiary of Computer Associates International Inc. (NYSE NYSE See: New York Stock Exchange : CA), today announced that the Ontario Ministry of Education (OME (Open Messaging Environment) An open messaging system from Novell. It is based on Microsoft's MAPI and is a superset of Novell's MHS and WordPerfect Office's messaging systems. ) has standardized on ACCPAC's Simply Accounting(R) 6.0 for Windows software as a teaching tool in secondary school business courses. The agreement gives Ontario's schools access to all current versions and upgrades of Simply Accounting for the next two years. "Teaching Simply Accounting means that students learn accounting using the market leader," said F.S. (Rick) Wysocki, chief executive officer of ACCPAC. "Ultimately, the OME contract will serve to enhance job opportunities for Ontario's students and help contribute knowledgeable employees for Canada's businesses." Ontario's 800 secondary schools will be able to teach Simply Accounting 6.0 for Windows, the newest version of the popular small-office/home-office accounting program, in the Fall. Educators first contracted with ACCPAC in the early 1990's to teach Simply Accounting. Teachers say they prefer the program's structure and superior audit trail, which adjusts entries without deleting the originals. Teachers also like its adherence to generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting (GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). ) and the wide range of teaching materials that accompany the program. "Over the last two years, survey results from the Ontario Software Acquisition Program Advisory Committee The OSAPAC Committee (Ontario Software Acquisition Program Advisory Committee) is composed of English and French Canadian representatives from across the province of Ontario who advise the Ministry of Education on the acquisition of provincial software licenses for publicly funded generated the request for the upgrade of Simply Accounting," said John Taylor John Taylor, or Johnny Taylor may refer to: Academic figures
The upgrade includes numerous new features, including Microsoft Office integration, Internet capabilities and enhanced ease-of-use. Integration with Microsoft Office allows students to instantly transform accounting data into reports and documents using Microsoft Word and Excel. New Internet capabilities enable users to email forms, such as purchase orders or invoices. With Simply Accounting 6.0, users can also track shipments via Web sites from couriers like FedEx and UPS. Simply Accounting 6.0 also provides direct Internet links to customers' and suppliers Web sites. Simply Accounting 6.0 is the first generally available accounting software to support Revenue Canada's system for electronically filing corporate tax returns. In the fall of 1998, Revenue Canada will launch this new system, the General Index of Financial Information (GIFI GIFI General Index of Financial Information (Canada) ). "Version 6.0 is fantastic," said Don McAuley, head teacher of business at Bracebridge and Muskoka Lakes Secondary School BMLSS is the Main High School in Bracebridge. It serves students from Bracebridge and Muskoka Lakes Townships. Special Programs BMLSS has a variety of exchange programs available for students. in Bracebridge, Ontario. "In the upper grades, we set up companies and review every aspect of accounting. Simply Accounting handles it all. Now, with GIFI hooked in, we'll add that to the curriculum." Simply Accounting 6.0 includes several fully integrated modules, including general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. , purchasing, accounts payable and receivable, inventory control, payroll, and project costing. A new order entry module allows clients to enter orders, quotes, estimates, and accept credit card payments. Simply Accounting 6.0 runs on Windows 95, Windows 98, Windows 3.11 and Windows NT. Simply Accounting 6.0 is available at most major computer retail stores for a suggested retail price in Canada of $179. Existing clients in Canada can obtain upgrades for $79 from ACCPAC. The product is also available at retail stores in the United States. For more information, call 1/800-773-5445. ACCPAC INTERNATIONAL, INC., with headquarters in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , develops and markets desktop business management solutions serving a range of companies, from small offices to large multi-user sites. ACCPAC's product lines include ACCPAC(R) for Windows, ACCPAC(R) Plus(tm) Accounting and Simply Accounting(R). ACCPAC for Windows has won numerous awards from leading trade publications, and recently was rated the Number One accounting software package by VARBusiness readers. Controller magazine awarded ACCPAC for Windows the best value in several categories, and Accounting Today featured ACCPAC in its 1998 list of top software products. For more information contact ACCPAC INTERNATIONAL, INC., 2525 Augustine Drive, Santa Clara, California, 95054-3002 or call 1-408-562-8800 or visit our Web site at http://www.accpac.com. All trademarks and registered trademarks are property of their respective owners. CONTACT: ACCPAC INTERNATIONAL, INC. John Schoutsen, 905/676-6794 schjo01@cai.com or Strategy Associates, Inc. Michele Tirrell, 650/653-2777 michelet@prstrategy.com |
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