Software provides tax table updates for QuickBooks users.

Press Release Summary:



Simply Accounting Payroll(TM) 2004 stand-alone U.S. payroll package integrates with Intuit QuickBooks accounting software, Simply Accounting v6.0-9.0, and MYOB to provide full function payroll for unlimited numbers of employees. Bilingual (Spanish/English) software offers complete payroll, employee data management, and reporting functionality. It also processes federal and state taxes, calculates SDI, FUTA, and SUTA, and offers optional direct deposit service.



Original Press Release:



New Payroll Software from ACCPAC Provides Affordable Tax Table Updates for Quickbooks Users



Also Operates as Stand-alone Payroll; Gives Small Businesses a Low Cost, High Function Payroll Alternative

PLEASANTON, Calif., December 9, 2003 - ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA), announced today the release of Simply Accounting Payroll(tm) 2004, a new, stand-alone U.S. payroll package that also integrates with Intuit* QuickBooks* accounting software, Simply Accounting* versions 6.0 to 9.0, and MYOB*. The completely bilingual (Spanish/English) software carries an MSRP of $79 (USD) and includes one calendar year of employee tax calculation tables at no additional charge.

"There are millions of small businesses in North America that can benefit from the combination of powerful payroll features, tax table updates, low cost, and flexible integration that Simply Accounting Payroll offers," said Scott Garell, Senior Vice President, ACCPAC Small Business Group. "QuickBooks users in particular will find great value in lower payroll related costs and the ability to continue using QuickBooks for their accounting if they desire, without fear of a forced payroll compatibility upgrade or endless price increases for payroll tax table updates. The fact that it can be run in either Spanish or English also empowers the very large and under-served Hispanic business population to take greater control of their business. Simply Accounting Payroll saves small businesses money and lets them focus more on running their business."

New Simply Accounting Payroll provides full function payroll for an unlimited number of employees. Its ability to integrate with several all-in-one accounting packages gives small businesses an option to reduce costs and break away from the forced annual accounting software upgrade typically required for maintaining payroll within those products. For example, users of QuickBooks "Do it Yourself" Payroll service can save over 50% in their annual payroll tax table service costs because Simply Accounting Payroll already includes all of the federal and state tax table updates. Businesses that do not use accounting software can use Simply Accounting Payroll on its own, with the full confidence of working with a payroll system developed by ACCPAC, a leading global provider of accounting systems for small and mid-size businesses.

Simply Accounting Payroll benefits from over 15 years of ACCPAC payroll development experience that has resulted in top quality, integrated payroll software that is easy to set up and use, and offers a low cost to operate. Its many features include:

Maximum Flexibility - Simply Accounting Payroll supports an unlimited number of employees with complete payroll functionality. It operates as a stand-alone payroll system or can integrate with Intuit QuickBooks, MYOB, or Simply Accounting versions 6.0 - 9.0. Integration with accounting software programs has been made easy and can be accomplished in 3 simple steps.

Employee Data Management - Simply Accounting Payroll maintains employee profiles, tracks earnings and benefits, expenses and deductions, advances, sick days, and bank days. It provides five customizable earnings fields and ten customizable deductions fields.

Payroll Processing - Simply Accounting Payroll processes federal and state taxes, calculates SDI, FUTA and SUTA, and offers optional direct deposit service.

Payroll Reporting - Simply Accounting Payroll retains prior-year payroll history, produces customizable checks and advices, and both a payroll register and a check register. Other reports include a check reconciliation report, direct deposit report, SUTA summary report, 940 summary report, and 941 summary report. In addition, Simply Accounting Payroll produces W-2 and 499R-2W-2PR forms, and provides the ability to customize reports using Crystal Reports(tm).

Free Setup Support - To help new users get up and running with confidence, free setup support is provided for Simply Accounting Payroll. Free setup options include 30-day setup technical telephone support and a free online learning seminar.

Bilingual Software - Simply Accounting Payroll can be operated in Spanish or English. Support for both languages is provided in one package, enabling users to work in the language of their preference and allowing them to switch easily in and out of either language. Today, there is no other entry-level payroll software in the U.S. with this unique combination of English and Spanish language support.

Pricing and Availability

Simply Accounting Payroll is available for $79 (USD) and includes all tax table updates for one full calendar year. QuickBooks users may be eligible for a $20 (USD) rebate. Simply Accounting Payroll is available directly from ACCPAC by calling 1-800-773-5445 or by visiting www.simplyaccounting.com < www.simplyaccounting.com >, and will be available in January at software retailers including Office Depot, Office Max, CompUSA, Micro Center and Fry's.

About Simply Accounting

Simply Accounting is award winning small office/home office accounting software used by more than 400,000 small businesses worldwide. It is available in English, Spanish and French, and sold in the United States, Canada, the United Kingdom, Africa, India, Australia, and Singapore. Simply Accounting Basic supports all of the major accounting needs for a small business, including general ledger, receivables, payables, order entry, inventory and services, invoicing, purchase orders, sales orders, quotes, payroll, project costing, check writing, multi-currency and reporting capabilities. Simply Accounting PRO adds multi-user support, full multi-currency, electronic funds transfer and time & billing functionality. In the United States, Simply Accounting is provided in a bilingual English/Spanish version that enables individual users to operate the software in either language and switch between languages with a single mouse click. A QuickBooks conversion utility is included. Simply Accounting was awarded "World Class: Best of 2003 - Business Accounting Software" by PC World magazine and "Best of RetailVision: Best Productivity Software" at RetailVision 2003.

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 CRM*, ACCPAC CRM SalesTeam*, ACCPAC Advantage Series(tm), ACCPAC Pro Series(tm), ACCPAC HR Series(tm), ACCPAC Business Analysis Suite(tm), ACCPAC eTransact®, ACCPAC Exchange*, ACCPAC Warehouse Management System(tm), ACCPAC ePOS*, ACCPAC Insight*, Simply Accounting®, Simply Accounting Payroll*, FAXserve®, 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 7,000 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.

ACCPAC, the ACCPAC logo, Simply Accounting, 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 registered trademarks or trademarks of their respective companies.

John Schoutsen
Vice President, Press & Analyst Relations
ACCPAC
5925 Airport Road
Mississauga, ON, L4V 1W1
Canada
Tel: 905-678-7959 x 305
Fax: 925-931-6891
john.schoutsen@accpac.com
Corporate: www.accpac.com
Hosted Services: www.accpaconline.com

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