What’s new in Simply Accounting 2006?
Features in Simply AccountingTM Basic, Pro and Premium 2006
- Improved company setup wizard
- Set up new companies more easily with additional assistance.
- Enhancements to the Simply Form Designer
- More flexibility and convenience when designing customized forms such as invoices, cheque stubs and statements.
- Simply Accounting Easy Align cheques
- Print Simply AccountingTM Easy Align cheques which conform to the new CPA Standard for image-ready cheques.
- More flexibility when preparing Relevé 1 (RL-1) forms
- Easily allocate income and deductions to the appropriate boxes on the RL-1 slip.
- Clear payroll details for selected employees
- Delete employees midway through the year.
- Display .JPEG and .GIF images of inventory items
- Use .JPG and .GIF file formats to display pictures of your inventory and services items.
- New “tree views” for all selection lists
- Easily enter data and do multi-key searches with “tree view” selection lists.
- Import/export wizard
- Let the wizard guide you through importing and exporting data such as timeslips, price lists, account budgets, and purchase and sales quotes and invoices.
- Ability to sort account reconciliation details by entry order
- Find account reconciliation details by the order in which they were entered.
- Option to add page breaks in the Transaction by Account report
- Insert a page break after each account when printing a transaction report to display each account on a new page.
- Re-organized menus and settings
- More intuitive and easier to use menus and settings.
- Improved backup feature
- Set a prompt to remind you to back up your data when you close your software.
- Company name shown in every screen
- If you are running multiple companies, know which company you are working on at all times.
- Larger Payroll Cheque window
- Ability to maximize the Payroll Cheque window to improve your view of the information fields for incomes and deductions.
- More data file details displayed in file properties
- Display the product name, version number and the company file name when viewing file properties in Windows Explorer.
- Improved warnings for terminated employees
- Warning helps prevent payments to a terminated employee.
- Import Wizard for Accountants’ entries
- Easily create a copy of your data to send to your accountant to make adjusting entries, then use a simple wizard to import the adjustments and merge them with your existing data.
- Home window enhancements
- Quickly get started with the simple home window design.
- Usability enhancements
- Navigate your way through the easy-to-use screens.
- New simplified account reconciliation report
- View a simple account reconciliation report that combines a summary with a listing of outstanding entries.
- Enhanced importing into the general journalt
- Import project allocation information and comments for detail lines.
- Adjust QPP/CPP pensionable earnings on T4 and Relevé 1 (RL-1) slips
- Track and adjust employees’ pensionable earnings to this data on T4 and R-1 slips.
New Features in Simply AccountingTM Pro and Premium 2006
- Includes 2-user license
- Allows two users to enter and access data simultaneously.
- Powerful data search capabilities
- Using specific search filters, find exactly what you are looking for in your records and transactions.
- Bank account transaction report
- Summarize deposit entries into one entry.
- ACT! Link for Simply Accounting
- Allows you to create a link between a contact record in ACT! and accounting data in Simply Accounting. You can view accounting data for a linked contact while using ACT!.
- Detailed project budgeting
- Budget revenues and expenses by month and by account.
- Improved transaction importing with departments
- Use default department codes for different linked accounts when importing transactions.
- Select invoice templates
- Choose the best invoice template for your business.
- Print separate T4 summary form
- Print a copy of the T4 summary form for your records without having to print T4 slips
- New Recurring Entries report
- Print a list of recurring transactions by selecting a specified due date and transaction type.
- Save partially completed deposit slips as work in progress
- Save partially completed deposit slips and return to complete them later.
- Use multiple departments in payroll
- Allocate employee payroll expense amounts across one or more departments.
New Features in Simply AccountingTM Premium 2006
- Set payroll expenses to different linked accounts by employee
- Employers can break out employee expenses for different groups of employees or individual employees
- Detailed financial reporting on history to any date (within 100 years)
- Run transaction entry, income statement, balance sheet and trial balance reports for historical years.
- Improved company consolidation
- Changes made to both the parent and subsidiary companies are reflected in the consolidated company.
- Store, transfer and track inventory in multiple locations
- Select different warehouse locations for inventory items and transfer multiple items between multiple locations.
- Enhanced financial reporting
- Add notes to the financial statements and generate a separate “Notes to the Financial Statements” page. In addition, show comparative data in the income statement.
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