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October 2006

Media Contacts:
Tom Howell/Alan Penchansky, The Pen Group
tom@thepengroup.com
(305) 529-1944

For Immediate Release
October 03, 2006

AVANQUEST'S BOOKKEEPER 2007 PROVIDES ALL-IN-ONE SOLUTION FOR SMALL BUSINESS ACCOUNTING AND FINANCIAL MANAGEMENT

New Version of Popular Software Enables Detailed Report Creation and In-House Payroll Processing

PLEASANTON, Calif. - October 3, 2006 - Avanquest Software, a leading developer and publisher of business and consumer software for the global PC market, today announced the release of Bookkeeper 2007, its all-in-one financial management solution for the small office/home office (SOHO) market.

With a base price of $29.95, this latest version of Avanquest's Bookkeeper software is the most robust, inexpensive entry-level accounting software on the market. Designed as a complete financial management solution, Bookkeeper 2007 empowers small business owners to eliminate the time-consuming pad-and-paper accounting methods that can be frustrating and often result in error.

Incorporating a redesigned user interface that provides all pertinent information on one screen - including pending checks and invoices to print, payables due, receivables and bank account balances - Bookkeeper 2007's new version offers enhancements that enable businesses to:

  • Easily and quickly record payments of company bills made with credit/debit cards.
  • Design and print custom expense and payroll checks.
  • Avoid product stock depletion with inventory warnings from the program's invoice screen.
  • Create invoices and estimates that can be printed or emailed with the PDF export tool.

With an intuitive Start-Up Wizard, Bookkeeper 2007 lets users painlessly set up their company, employee, product, customer and vendor information fast. Once up-and-running, all important information is available though a searchable, single-screen interface allowing the fastest possible program navigation. To guarantee users never miss a beat, the handy task manager tool provides alerts for any pending and reoccurring transactions, and can be programmed to display daily "to-do" reminders. To ensure all this important information is secure Bookkeeper 2007 is password enabled.

Helping to maximize productivity, Bookkeeper 2007 enables small businesses to effortlessly create customizable reports about virtually any aspect of their finances and operations. With over 115 analytical report templates, users can easily track accounts payables, receivables, payroll expenses, quarterly and annual earnings, sales figures and more. Best of all, these reports can be saved and printed for future analysis or comparison with past results.

In addition to meeting the general accounting needs of any small business, Bookkeeper 2007 also includes a number of tools designed to increase productivity and cut operating costs. Providing incentive to keep payroll processing in house, Bookkeeper 2007 enables employers to cut paychecks on-time for salaried, hourly and contracted employees with a simple click. The software extracts all applicable employee information and compiles it onto a customizable, printable paycheck ultimately saving the business owner time and money. By purchasing an additional tax-table add-on, Bookkeeper can even calculate Federal, Social Security, Medicare and state deductions for each pay period.

Employers will also appreciate Bookkeeper's flexible payday scheduling capabilities allowing weekly, bi-monthly and monthly payday arrangements. As the end of the fiscal year approaches, the ability to create and print accurate W2 forms will make the transition to a new year easier.

Bookkeeper 2007 is part of the popular MySoftware small business productivity line from Avanquest USA, and integrates with Avanquest's best-of-breed check management solution, Checksoft Premier. MySoftware products are available at thousands of leading U.S. and Canadian retail outlets and directly from the company Web site: http://www.avanquestusa.com.

About Avanquest Software
Avanquest Software is a global developer and leading publisher of best-selling personal and professional software designed for utilities, office productivity, communications and mobility worldwide. Avanquest Software products are marketed in over 100 countries, through e-commerce, OEM partnerships and IT resellers. Founded in 1984 as BVRP Software and listed since December 1996 on Euronext (ISIN FR0004026714), Avanquest Software forms part of the Eurolist, NextEconomy segment and SBF 250 index. Additional information on Avanquest Software is available at www.avanquest.com.