New $49 Simply Accounting 2005 From Best Software Takes Small Business off the Spreadsheet

Easy-to-use yet full-featured accounting software provides exceptional value for start-up and growing businesses

Atlanta, GA - December 1, 2004 - Best Software announced today the availability of Simply Accounting® 2005 Basic, the newest version of the award-winning integrated accounting solution for small businesses. Simply Accounting 2005 Basic offers small businesses all the core accounting functions of competing products such as Intuit® QuickBooks® Basic, including payroll(1), for as little as $49.

“Simply Accounting 2005 provides a combination of simplicity of use plus key accounting features that range from basic bookkeeping to detailed analysis and reporting for both new and growing small businesses,” said Connie Certusi, General Manager, Small Business Accounting Solutions with Best Software. “For small businesses who do their books on scratch pads and spreadsheets, Simply Accounting 2005 provides the lowest cost entry to true double-entry accounting on the market, and is designed to be exactly as its name suggests – simple – so any business can use it.”

Simply Accounting 2005 uses a clear graphical layout designed to be immediately accessible for non-accountants to get them up and running quickly. It includes more than 100 starter templates for different business types, 30 days free telephone support, and an optional payroll tax update service all designed to simplify the user’s experience. The new Basic version provides more than 50 enhancements and new features, with a focus on ease of use, business analysis, and reporting, including:

Key Performance Indicators: The Daily Business Manager, an executive dashboard containing key information about the business, now also provides a series of 25 business performance measures to help business owners to manage more effectively and profitably on a day-to-day basis. Users can quickly display short-term cash projections, daily sales totals, or total expenses. Key business ratios give a quick overview of how well the company is performing for up-to-the-minute analysis.

Reporting made easy: Simply Accounting 2005 provides over 100 standard reports and the ability to create unlimited custom reports. Users can now store favorite reports as templates for recall as needed, and group reports together for easy batch-style preparation. New standard report improvements include the addition of salesperson tracking, more sort and filter options, and increased custom report presentation features.

Custom forms without complexity: Creating customer statements, invoices, check stubs and other forms can now be done with a new, simple to learn, forms designer.

More flexibility in payroll management: Up to 20 income and 20 deduction fields, a new remittance report for government reporting and payments, and a simple method of paying remittances have been included.

"Simply Accounting 2005 gives small businesses strong accounting features to support them throughout their lifecycle," said Bill Wyly, Managing Partner of General Business Solutions in Tigard, Oregon. “This year’s enhancements place it well ahead of competing products. Providing such a comprehensive program for $49 is impressive. That affordability will give entrepreneurs the competitive advantage of real accounting processes to manage their businesses more professionally and set the stage for real growth."

Simply Accounting is also available in more advanced versions to accommodate the needs of small businesses as they grow. Simply Accounting 2005 Pro adds multi-user support and departmental accounting among other advanced features, and Simply Accounting Premium offers a range of customization and sophisticated reporting features including a customizable chart of accounts, industry-specific terminology options, and multi-company consolidated financial reporting.

Developed to meet the broad accounting needs of small businesses, Simply Accounting received a PC World magazine ‘World Class’ Award in 2003 and 2004 for Best Business Accounting software.

Pricing and Availability
Simply Accounting 2005 Basic, Simply Accounting 2005 Pro, and Simply Accounting 2005 Premium are available now starting at $49.99 (SRP) for the Basic edition, and include a 90-day money back guarantee. Simply Accounting products are available directly from Best Software by calling 1-800-773-5445 or by visiting www.simplyaccounting.com. Simply Accounting Basic will be available at major software retailers in January 2005. For more information, visit www.simplyaccounting.com.

(1) Additional fees apply for payroll tax updates and automatic tax calculators.

About Best Software, Inc.
Best Software offers leading business management products and services that give more than 2.3 million small and mid-sized customers in North America the insight for success throughout the lives of their businesses. Its parent company, The Sage Group plc (London: SGE.L), supports 4.3 million customers worldwide. For more than 25 years, Best Software has delivered easy-to-use, scalable and customizable applications through its portfolio of leading brands, including Abra®, ACCPAC®, ACT!®, BusinessVision®, CPASoftware®, FAS®, MAS 90®, MAS 200®, MAS 500®, MIP®, Peachtree®, SalesLogix®, and Timberline®, among many others. For more information, please visit the Web site at www.bestsoftware.com/moreinfo or call (866) 308-BEST. For more information about Simply Accounting, call 1-800-773-5445 in North America, or visit www.simplyaccounting.com.

Copyright © 2004 Best Software, Inc. All rights reserved. Simply Accounting, ACCPAC, and the product names set forth above are registered trademarks or trademarks of ACCPAC in the United States and other countries. Best Software and the Best Software product names mentioned herein are registered trademarks or trademarks of Best Software, Inc. or its affiliates in the United States and other countries. All other marks are trademarks or registered trademarks of their respective companies.

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