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MICROACCOUNTING, XKZERO TO MERGE

MicroAccounting logoDallas-based MicroAccounting Solutions and Chicago's Xkzero are merging on September 1 to put together a reselling organization that will operate under the MicroAccounting name. Xkzero will be used for the programming and application business. Xkzero offers programming services for Sage 500 and X3 and the companies says it supports all Sage ERP packages. Besides the financial apps, MicroAccounting carries Sage HRM, FAS, CRM and Intelligence.
MicroAccounting with $5.2 million in annual revenue was No. 38 on this year's Bob Scott's Top 100 VAR list while Xkzero had $2.5 million and did not make the rankings. But that pushes MicroAccounting quickly up the Sage reselling food chain. Xkzero was originally MicroAccounting Chicago, but did not follow its sister company in that organization's merger with the former MIS Group, which imploded after taking on debt to buy several Sage resellers. MicroAccounting, led by founder Bill Harris, has a more complicated history, having disappeared into other organizations twice, and re-emerged with the old name. The company now known as Interdyn Socius in Ohio, originally Brunswick Integrated Computer Solutions, acquired MicroAccounting in 1998 before that group was acquired by Centerprise Information System, a reseller rollup that was not to be. CIS then merged in MicroAccounting. The whole operation with Brunswick and MicroAccounting was acquired by a company called Xpert Information Systems, a short-lived relationship when Xpert went bust. Brunswick, now Socius, and MicroAccounting would detach to give MicroAccounting the opportunity to have the same experience under the MIS Group.
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