RANDOM THOUGHTS: THANKSGIVING

Thanksgiving reminded me again that it's the little things I am most thankful for; the family, good food, the two cops who didn't arrest my daughter for underage drinking when they had a chance. Of course, it was only last year she asked me, “Dad, have you ever been arrested?” I replied, “No, but I’d put that in the category of minor miracle.” ...

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PFW GETS AVALARA CONNECTION

Sage PFW, a sometimes overlooked product, can now work with the products of sales-and-use tax vendor Avalara, via the AvaTax for Sage PFW ERP. The interface was written by Sage PFW master developer Dynamic Business Solutions, which is based in South Burlington, Vt., enables PFW users to utilize AvaTax's tax calculation, compliance and reporting features.

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BENNETT CLEARS OUT INTUIT STOCK

Former Intuit CEO Stephen Bennett did some summer house cleaning on his portfolio last month as he cashed out Intuit stock that he acquired through the exercise of options. Bennett purchased the 304,721 shares through the option exercise for $6.75 million, and sold them for $9.15 million in an automatic sale. The option price was $22.16 per share and the sale price $30.04 each, an 88-cent-per-share difference. He reported on September 2 that he owned no shares of Intuit stock directly. I don't know if that means he has used all his options or not. Automatic sales are generally used by executives to avoid potential insider trading issues. Read more...

NET@WORK BUYS SOLUTION STRATEGISTS' SAGE BIZ

Alex SolomonNEW YORK - Net@Work, one of Sage's largest accounting software resellers, has acquired the Sage accounting software and CRM practice of Solution Strategists, a reseller based in Cranford, N.J. Solution Strategists' owner Art Nathan said he made the sale so he could spend more time with his family.

Nathan said his partner, Robert Herman, and most of the companies consultants are joining Net@Work. He will continue to handle Deltek, the software for project-oriented company's that Solution Strategists' began selling early last year. And the company will also still market QuickBooks Enterprise Systems, which Nathan expects to grow substantially. Read more...

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