Accounting Software suits small to mid-size businesses.

Press Release Summary:



ACCPAC Advantage Series(TM) v5.2 integrates Order Entry, Inventory Control, and Purchase Order modules that let users manage entire order processing cycle. System Manager module also gives administrators control over security of entire accounting system. It supports entering orders, shipments, and invoices separately; recognition of item numbers; and quote management. It also includes function to reverse posted transactions and ability to print/send financial reports.



Original Press Release:



ACCPAC Ships New Advantage Series 5.2 With Advanced Order Management And Security



Includes Dozens of Time-Saving Enhancements for Greater Order Management Productivity and System-Wide Security

QUEBEC CITY, PQ, August 21, 2003 - ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), announced today at its ACCPAC Partnership 2003 Conference being held here the availability of version 5.2 of its award-winning ACCPAC Advantage Series(tm) accounting system. This latest version provides small and mid-size businesses (SMBs) with dozens of functional enhancements throughout the system including improvements in the Order Entry (OE), Inventory Control (IC), and Purchase Orders (PO) modules that make it even easier to manage the entire order processing cycle. Additional enhancements in the System Manager (SM) module give administrators even tighter control over the security of the entire accounting system.

All editions of ACCPAC Advantage Series (Enterprise, Corporate, Small Business and Discovery) are being upgraded to version 5.2, starting with the current availability of SM, OE, IC, PO, and General Ledger (GL) modules. Version 5.2 Accounts Payable (AP), Accounts Receivable (AR) and Project and Job Costing modules are slated for delivery later this fall.

"Advantage Series continues to provide small and mid-size businesses with exceptional value," said ACCPAC Vice President, Product Marketing, Craig Downing. "In addition to providing our customers with the freedom to choose from a variety of industry leading databases and to deploy on Microsoft® or Linux® operating systems, with version 5.2 we're offering our customers a powerful new feature set that can significantly improve their order management processes, plus unprecedented security controls for additional peace of mind."

Advanced Order Management - Faster, Easier, More Flexible

Order management has been significantly improved throughout ACCPAC Advantage Series OE, IC and PO modules with a focus on ease of use even while supporting the more complex needs of fast-growing and larger organizations.

New features support entering orders, shipments and invoices separately, so businesses can allocate various components of the order process to different company personnel. For example, order entry clerks can enter customer orders, while warehouse personnel record shipments and accounting personnel process the invoices. Security protocols can then be attached to each process so that only the assigned personnel are permitted to perform their specific OE function.

Some of the additional order and inventory management enhancements in ACCPAC Advantage Series version 5.2 that can significantly improve order processing include:

-Faster data entry with recognized manufacturer's numbers. The system now recognizes and maps manufacturer's item numbers to IC item numbers, including UPC codes, ISBN numbers, and shortcut codes that can be used to speed up data entry. The OE and PO modules allow users to enter the manufacturer's item number instead of the IC item number when processing transactions.

-Improved quote management. Users can keep and reuse quotes, include all or just some of the details of the quote on a new order, and include multiple quotes on a single order.

-Enhancements to shipment and invoicing relationships. OE clerks can include multiple orders on a single shipment and include multiple shipments on a single invoice. In addition, users can specify the shipping method for each item to allow items shipped with the same method to be grouped and printed on the same packing slip, and specify the shipment tracking number for each detail.

-Simplified order creation and management. Users can create an order by simply selecting and copying details of existing customer orders. They can also now commit a quantity to a specific order to ensure the quantity is guaranteed to be available for shipping and specify a discount on each detail of an order, shipment and invoice.

-Improved inventory distribution. Users can now disassemble master items that have been built from components in a bill of materials, and return components to inventory as separate items. They can also transfer inventory directly and immediately between locations, or transfer goods via goods-in-transit locations to reflect more accurately the movement of goods between locations.

In addition to these enhancements in the order management cycle, the new ACCPAC Advantage Series v5.2 General Ledger module provides new features that further improve transaction management and reporting. Among these are security by GL account and segment; a new function to easily reverse posted transactions; performance enhancements in the financial reporter; and the ability to print/send financial reports to multiple destinations, including e-mail.

Advanced Security Controls

ACCPAC Advantage Series 5.2 features an improved System Manager module, with enhanced administration features that provide even more security throughout the accounting system. Administrators can force users to enact password changes at intervals determined by the administrator, set requirements on the structure of passwords required to access the accounting system (e.g., require a mix of letters and numbers), enforce password length and prohibit users from re-using the same passwords.

Version 5.2 also contains new user-specific security options including: forcing the user to change their password at their next log-on; prohibiting the user from changing their password or allowing their password to expire; restricting users' log-on days and times; and disabling a user's account.

When deploying ACCPAC Advantage Series over the Web, a single administrator can easily implement all of these functions globally, regardless of the number of users and/or locations.

Security has also been stepped up in the GL module, where access can now be restricted by account code and even account code segment. Only those users predetermined to have rights to the account or to the segment can view, enter or print GL transactional data.

Pricing and Availability

ACCPAC Advantage Series 5.2, Enterprise Edition, is available now from ACCPAC Solution Providers worldwide at an SRP of $1,500 (USD) per module, with Corporate and Small Business Editions available later this fall. To locate an ACCPAC Solution Provider, call 800-945-8007, or visit www.accpac.com.

About ACCPAC

ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), provides small and mid-size businesses a broad range of end-to-end business management applications designed to enhance customers' competitive advantage. Product lines include ACCPAC Advantage Series(tm), ACCPAC Pro Series(tm), ACCPAC HR Series(tm), ACCPAC Business Analysis Suite(tm), ACCPAC eTransact®, ACCPAC Exchange(tm), ACCPAC CRM(tm), ACCPAC CRM SalesTeam(tm), ACCPAC Warehouse Management System(tm), ACCPAC ePOS(tm), ACCPAC Insight(tm), Simply Accounting®, FAXserve(tm) and ACCPAC Messenger(tm).

Based in Pleasanton, Calif., USA, with offices in Australia, Canada, India, Ireland, the Middle East, the Netherlands, South Africa, Southeast Asia and the United Kingdom, ACCPAC has more than 500,000 customers and more than 6,500 channel partners in more than 130 countries worldwide. For more information about ACCPAC and our products, call 1-800-945-8007 in North America, or visit ACCPAC at www.accpac.com and www.accpaconline.com.

ACCPAC, the ACCPAC logo and the ACCPAC product names set forth above are registered trademarks or trademarks of ACCPAC International, Inc. in the United States and other countries. All other marks are trademarks or registered trademarks of their respective companies.

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