What’s new in Simply Accounting 2006?

Jun 30, 2011   //   by Dan Cabana   //   Simply Accounting  //  Comments Off

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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