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ONESOURCE LINKS TO DYNAMICS GP
- Tuesday, 10 March 2015
Thomson Reuters has integrated its OneSource tax line with Dynamics GP. Onesource Indirect Tax Integration enables GP users to calculate U.S. sales tax, Canadian Goods and Services Tax and other Canadian provincial sales taxes. Data moves from the financial software package to the OneSource engine, which automatically evaluates each invoice line, calculates the appropriate tax and returns the results to GP for planning and reporting.
SILVERSUN OFFERING PRICED
- Friday, 06 March 2015
SilverSun, parent of Sage reseller SWK Technologies, has priced its public offering of stock and warrants. The company is offering 471,142 shares at $4.24 per share and 235,571 warrants to purchase common stock at one cent each for warrants, which have an exercise price of $5.34 per share, exercisable until five years from issuance. The issue is a best efforts offering which could result in net proceeds of slightly less than $1.4 million.
CLOUD SPURS MYOB GROWTH
- Friday, 06 March 2015
MYOB rode cloud subscriptions to double-digit growth for the year ended December 31. The Australia-based software vendor, whose new MYOB Advanced is built on the Acumatica engine, reported a 15-percent increase in EBITDA on 16-percent rise in revenue while the company sharply cut its after-tax loss. In a prepared statement, CEO Tim Reed said that in the fourth quarter 67 percent of new small and medium-size customers purchased cloud products in the fourth quarter.
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