Macola Software announces release of Version 7.0.MARION, Ohio--(BUSINESS WIRE)--Nov. 7, 1994--More than 100 new features, the addition of two new modules, multi-national capabilities, advanced windows functionality and extensive customization are just a few of the new innovations that Macola Software has packed into its Version 7.0 Progression Series.
The product, which was demonstrated and previewed at Macola's annual reseller/developer conference last week, has been undergoing intensive product development for the last 14 months. In charting the course for this new generation of Macola's Progression Series, five initiatives provided the foundation for the Version 7.0:
o Robust feature set with more than 100 new features as well as
the addition of two new accounting modules. o Internationally-enabled modules through the provision of language
modifications as well as a Currency Manager module to handle
multi-currency needs. o Extensive customization support including customization control
of all screens, entry forms and all reports and forms at the user
level without the need for source code. Customization made in
Windows then can be utilized in the DOS Version of Macola Software. o Advanced graphical interface See GUI. with full support for multiple
document interfacing, allowing users to take advantage of
multi-tasking in a Windows environment (1) (upper case "W") Refers to computers running under a Microsoft Windows operating system.
(2) (lower case "w") Also called a "windowing environment," it refers to any software that provides multiple windows on screen such as Windows, Mac, Motif and X Window. . o Enterprise information management capabilities for improved
reporting and decision support by integrating Macola's
EnVision Series Enterprise Reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. System.
High-end Windows Accounting
An extension of the award-winning Macola Progression Series, Version 7.0 delivers a full suite of advanced Windows applications A program that is written to run under Microsoft's Windows operating system. Such applications typically run under all 32-bit versions of Windows, but earlier applications might also run under the 16-bit versions (Windows 3.x) as well. See Windows. that will satisfy the need for a proven, stable windows product in the accounting industry. Macola has offered a Windows/DOS version of its Version 6.0 product, which provided a progression path for users who needed to implement Windows. Version 7.0 expands the Windows product to offer full Multiple Document Interface See MDI.
(programming) Multiple Document Interface - (MDI) The ability of an application program to show windows giving views of more than one document at a time.
The opposite is Single Document Interface (SDI). (MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. ) and Dynamic Data Exchange (DDE (Dynamic Data Exchange) A message protocol in Windows that allows application programs to request and exchange data between them automatically.
DDE - Dynamic Data Exchange ) as well as screen customization capabilities.
Macola Software Version 7.0 Progression Series will extend beyond a ``Windows only'' product offering and will ultimately consist of four distinct products, each suited for a specific marketplace and audience, yet sharing identical features, common functions and operability Operability is the ability to keep a system in a functioning and operating condition. In a computing systems environment with multiple systems this includes the ability of products, systems and business processes to work together to accomplish a common task such as finding and . These offerings are:
o Version 7.0 for WindowsPlus
o Version 7.0 for DOS
o Version 7.0 for Windows/DOS
o Version 7.0 for SCO UNIX An enhanced version of Unix System V Release 3.2 for Intel processors from SCO. In 1989, SCO Unix was introduced as a major upgrade to SCO XENIX with more security, networking and standards conformance.
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Bruce A. Hollinger, Macola Software's president and chief executive officer, the Version 7.0 product line-up ``defines the boundaries of the next generation of accounting software.'' In defining these boundaries, says Hollinger, Macola strategically avoided rushing a windows product to market. He explains: ``To us, first to market is not necessarily the best of breed. Macola's product strategy has been to offer a transition to Windows through our Version 6.0 Progression Series and then to take users to more advanced Windows functionality with Version 7.0. Plus, with Version 7.0's integration with Macola's graphical, client/server Enterprise Reporting System, users can mine data to enjoy full management decision report capabilities.''
DOS Product Taken To New Heights
Users who still want to run a DOS product within heavy transaction environments can enjoy the customization features offered by Version 7.0 Progression Series. Users will need to run the dual Windows/DOS version of the Progression Series to make their changes to screens and forms through the Windows application. Once completed, users then can enter into the DOS version and see the customization reflected in the DOS environment The DOS environment is a reserved area in DOS for holding values used by DOS and other applications. The values stored in this area are called "environment variables" and are created with the Set command (see DOS Set). .
Macola Introduces New Packages
Based upon feedback from users, resellers and consultants, Macola is integrating new modules that will appear in the Version 7.0 product line-up. These two modules are Bank Book and Currency Manager. Both integrate with General Ledger General Ledger
A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.
The ledger uses two columns: one records debits, the other has offsetting credits. , Accounts Receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying and Accounts Payable.
Bank Book also integrates with Payroll (which has undergone significant changes and additions). This module will sell for $995. The new module will provide complete cash account reconciliation functions for multiple cash accounts. What's more, Bank Book will provide estimated cash flow based on non-reconciliated transactions for more finite financial planning Financial planning
Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against .
The Currency Manager also integrates with Order Entry and Purchase Order modules and provides multi-currency capabilities to Macola users. This internationally-enabled product provides buy/sell currency code rates, a complete trading currency system and general ledger consolidations of companies with multiple home currencies. This Macola Software Version 7.0 module will sell for $2,195.
More Than 100 New Enhancements
Users familiar with Macola Software already are aware of its powerful feature set. Macola Software Version 7.0 incorporates another 100 plus enhancements requested by users, resellers and consultants. Every Macola Software module from General Ledger to Bill of Material Processor incorporates new features. Inventory Management, Order Entry (formerly called Customer Order Processing) and Payroll incorporate the most significant enhancements as Macola continues to escalate es·ca·late
v. es·ca·lat·ed, es·ca·lat·ing, es·ca·lates
To increase, enlarge, or intensify: escalated the hostilities in the Persian Gulf.
v.intr. its feature set to satisfy the wholesale/distribution and manufacturing marketplace.
The Release Schedule
The new product roll out will consist of a phased-in general release of product. First to market is Macola Accounting Software Version 7.0, scheduled for early release in the fourth quarter of this year. Following will be a first quarter 1995 general release of Distribution modules, and a third quarter 1995 general release of Macola Manufacturing Software The following list of software modules are the manufacturing components of Baan's ERP (BaanERP) system, acquired by SSA Global in 2003 and subsequently by Infor at the end of 2006. It is listed here because it provides a comprehensive overview of the required software. See MES. Version 7.0 will conclude the product roll out.
To recognize Macola Software users' investment in their current system, says Dave Shirk shirk
In Islam, idolatry and polytheism, both of which are regarded as heretical. The Qu'ran stresses that God does not share his powers with any partner (sharik) and warns that those who believe in idols will be harshly dealt with on the Day of Judgment. , vice president of marketing and sales, Macola is offering an aggressive upgrade program. ``Users who upgrade to Version 7.0 within 90 days of its general release will receive a 50 percent discount off the standard upgrade purchase price. What's more, to honor those currently investing in Version 6.0 during the phased release of Version 7.0, Macola will allow them to upgrade for even more savings and forego the price increases slated with Version 7.0.''
Pricing Changes Announced
Because of the increased value and functionality Macola Software Version 7.0 Progression Series offers, Macola has announced increased prices with Version 7.0. Accounting modules will remain at current prices at $995 per module. Payroll will increase from $995 to $1,595. Macola's Distribution modules, Purchase Order and Receiving, Order Entry, Inventory Management will increase from $995 to $1,295. And Macola's Bill of Material Processor package will increase from $1,595 to $1,895.
Users can determine which environment to run Macola (Windows, DOS or both) through the purchase of a System Manager. The Macola Software Version 7.0 Progression Series WindowsPlus System Manager (multi-user only) will sell for $4,995. Single user Windows/DOS sells for $495, multi-user sells for $1,995. Single-user DOS System Manager will sell for $295. Multi-user DOS System Manager will sell for $1,495. SCO UNIX System Manager (multi-user only) will sell for $1,695.
For the first time, Macola also will offer new bundles on its business management applications to allow users to save money and purchase all the modules they need at one time. Users can license the entire Macola Accounting and Distribution Software Series for $10,995. This includes General Ledger, Accounts Receivable, Accounts Payable, Payroll, Bank Book, Assets and Depreciation, Inventory Management, Order Entry, Purchase Order and Receiving, and Bill of Material of Processor.
Founded in 1971, Macola specializes in the development of high-end business management software for personal computers and LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. environments. Macola distributes 22 integrated accounting, distribution and manufacturing modules with multi-platform capabilities for DOS, Windows, SCO UNIX and LANs. Macola sells its products exclusively through its channel of more than 800 Value-Added Resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , Consultants and CPAs. With worldwide installations of more than 15,000 sites and more than 135,000 users, Macola has presence in 22 countries.
Macola Software is a four-time winner of the PC Magazine/Price Waterhouse ``Editors' Choice'' Award and winner of the 1994 CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS.
(2) (Common Type System) The data typing used in . Software Survey. Macola Software has been named in 1993 and 1994 to the ``Top 100 Accounting Software Products'' by Accounting Today and to the 1994 Manufacturing Systems list of ``Top 50.'' Macola also is a two-time winner of LAN Magazine's Product of the Year award and a recipient of a four-star rating from Software Digest/NSTL Publications.
For more information about Macola Software products, call 800/468-0834 and contact the Macola Response Center at extension 550. For public relations-related questions, call 800/468-0834 and contact Lisa Burris Arthur, manager of media relations, at extension 297, or Phyllis S
Phyllis is a character in Greek mythology. Daughter of Lycurgus, King of Thrace, she married Demophoon, son of Theseus, while he stopped in Thrace on his journey home from the Trojan war. . Butterworth, coordinator of public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , at extension 242.
CONTACT: Macola Software, Marion
Media Relations Division, 800/468-0834 Lisa Burris Arthur, extension 297 Phyllis S. Butterworth, extension 242