SOURCE: Best Software

 

IRVINE, CA -- (MARKET WIRE) -- May 9, 2005 -- Best Software announced today integration between its award-winning FAS fixed asset management and ACCPAC Advantage Series accounting applications for companies based in the U.S. and Canada. ACCPAC Fixed Assets (FAS) replaces the company's current FAS Canadian offering.

"Fixed asset management is a vital component for extending the 'end-to-end' business management strategy for many small and mid-sized businesses," said Jim Foster, executive vice president, Business Units, Best Software's Mid-Market Division. "Today, cost control and revenue growth are equally important for success, and issues like Sarbanes-Oxley are driving closer scrutiny of all aspects of business. These new FAS integrations offer all ACCPAC Advantage Series customers in North America an integrated, award-winning fixed asset management and accounting solution to help address these concerns."

FAS Asset Accounting delivers advanced fixed asset accounting, depreciation, and reporting for any business needing effective asset management tools in integrated accounting environments. Simply stated, the software conveniently manages assets throughout their entire lifecycle, from acquisition to disposal.

The ACCPAC Fixed Assets (FAS) product for Canadian companies is based on the award-winning FAS line of fixed asset management solutions, and was developed to meet Canada-specific asset management needs, such as class pooling of assets and generation of the T2S(8) report. It also automatically depreciates according to the Generally Accepted Accounting Principles (GAAP) rules set by the Canadian Institute of Chartered Accountants (CICA).

The new FAS-ACCPAC Advantage Series integration enables U.S.-based ACCPAC Advantage Series customers to benefit from FAS Asset Accounting, which is part of Best Software's award-winning FAS line of fixed asset management solutions, including FAS Asset Inventory, FAS Report Writer, FAS Construction in Progress Accounting, FAS Nonprofit, specifically designed for nonprofit organizations, and FAS Gov, specifically designed for government entities.

ACCPAC Advantage Series is an advanced, Web-based accounting and operations management solution. Designed for companies of all sizes, Advantage Series is the foundation for a completely integrated set of end-to-end business management applications, including customer relationship management (CRM), point-of-sale (POS), human resources (HR), and warehouse management, among others. The latest version, ACCPAC Advantage Series 5.3, continues to provide small enterprises with the freedom to choose from a variety of industry-leading databases, including IBM DB2 (a 3-user DB2 license is included free of charge), Oracle, Microsoft SQL Server, and Pervasive.SQL, and to deploy on either Microsoft, Linux or the IBM OS400 operating systems.

FAS Fixed Asset Accounting is available in the U.S. directly through Best Software's FAS division, and through authorized Best Software business partners by calling (800) 368-2405. ACCPAC Fixed Assets (FAS) is available through authorized Best Software/ACCPAC Solution Providers throughout Canada by calling (800) 945-8007.

About Best Software/The Sage Group plc

Best Software offers leading business management products and services that support the needs, challenges and dreams of more than 2.3 million small and mid-sized customers in North America. Its parent company, The Sage Group plc (London: SGE.L), supports 4.4 million customers worldwide. For more than 25 years, Best Software has delivered easy-to-use, scalable and customizable applications through its portfolio of leading brand, including Abra, ACCPAC, ACT!, BusinessVision, CPASoftware, FAS, MAS 90, MAS 200, MAS 500, MIP, Peachtree, SalesLogix, and Timberline Office, among many others. For more information, please visit the Web site at www.bestsoftware.com/moreinfo or call (866) 308-BEST.

© 2005 Best Software, Inc. All rights reserved. Best Software, and any other Best Software product or service names mentioned herein are registered trademarks or trademarks of Best Software, Inc. and/or its affiliated entities. All other trademarks are the property of their respective owners.