Greetings!
Although it is barely summer and Thanksgiving is months away, I cannot help to be thankful for a number of good things happening here at Red Moon Solutions. First, I am excited to announce that the FAM User Group is officially kicking off. Thank you to those that have volunteered to help direct the future of FAM. Second, thank you to those who responded to the FAM Customer Survey in April. We learned a lot and will be responding to that information in coming months. Additionally, this will be great information for the FAM User Group Kickoff. Lastly, thank you to those that sent in Q1 client referrals. Congratulations to Mary Mijal of Aker Solutions for winning Q1's prize.
Please take a few minutes to learn more about the "good things" here at Red Moon Solutions.
Thank You,
Jim Shedivy
CEO and President |
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Product News
FAM Updates
The next release is scheduled for January 2009. We will be working with our User Group and reviewing survey results to identify future product enhancements.
The current release is 2007.02* and contains all updates for 2007; including Bonus Depreciation per the 2008 Economic Stimulus Act and 2007 auto limits. *Note:An update to 2007.02 was released April 23, 2008.
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FAM Feature of the Quarter: Turning on Bonus Depreciation
To turn on Bonus Depreciation, follow these three steps:
- In the Explorer pane, select the desired book, right click and select Open.
- Click Edit to edit the book type
- Under Depreciation Options, check "Elect Bonus Depreciation" and click OK
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Client Corner
 Growing FAM ily
We are thrilled to welcome two new members to the FAMily; including one SAP Business One client. The industries they represent are Cosmetics and Health Care.
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FAM User Group to Kickoff
The FAM User Group will officially kickoff on June 13. Kathy Castillo, Director - Domestic Tax, Guardian Industries, has graciously accepted the chair position and is joined by Howard Patent, BPG Properties, Ltd., Jackie McGovern, EnteroMedics, Bridget White of Ethan-Allen, and Andrew Bednarek, RCN Corporation. "I am honored to represent the hundreds of FAM users and am really looking forward to providing feedback to Red Moon Solutions about our software needs to ensure that we are ahead of the curve," states Ms. Castillo. Stay tuned for information from the June kickoff meeting.
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Results are In! Thank you again to those of you who responded to the Customer Survey. Congratulations to Cathleen Anderson of Burnham Holdings, Inc. She won a $50 AMEX gift card for participating. The User Group will discuss the suggested enhancements. Here are some of the other results:
** Nearly 55% of respondents use Vertex for their tax compliance system
** 33% of respondents use SAP, JD Edwards or Oracle for their Accounting (GL) or business management system (over 55% use another system)
** Over 35% of respondents say data collection is the biggest technology pain faced by the tax department |
RMS News
 Red Moon Solutions to Deliver BI to Two New Clients Last quarter Red Moon Solutions partnered with PARIS Technologies to deliver PowerOLAP™, a cost effective business intelligence solution, to corporate accounting and tax departments. In just one month, RMS has signed on two clients; including a tax automation project for Energy Solutions. Stay tuned to learn more about their implementations.
Now you can get the Business Intelligence you need! To learn more, register for a complimentary 45 minute demonstration.
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Meet our Team: Jen-of-all-trades
Jennifer Coleman has been assisting FAM clients for over five years by providing optimal client support and by working on several development efforts for FAM. She is invaluable because of her talents for knowing not only the functional side of FAM, but also the technical details behind it. In addition, Jennifer leads Red Moon Solutions' FAM Online environment and corporate website initiatives. She and her family enjoy living in beautiful Sarasota, Florida where outside activities keep them busy year round.
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Upcoming Events |
Red Moon Solutions will be attending the following events. If you are also attending, please visit us!

2008 ACT Summer Conference
Las Vegas, NV
June 23 - 25
Please join us at the Vendor Expo on Monday, June 23 (booth 31) and at our presentation on Tuesday, June 24 at 11:30 a.m. "Create a Powerful Income Tax Process - How Integrating Asset Systems Can Help", with our co-presenters, Vertex, Inc. For additional information visit www.taxACT.org.

SAP Summer Sales Meeting
San Diego, CA
July 13 - 16, 2008 | |
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2008 Client Referral Program
Send us your referrals by June 30th for your chance to win a $75 American Express gift certificate.
Take five minutes to submit a referral form or call Greg at 800.224.1260.
Q1 Client Refferal Winner
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Like to see our latest product?
Sign up now to join us for a FREE WebEx demo for our newest solution offering, PowerOLAP.
PowerOLAP is a business intelligence tool that allows you to connect to any data source and use that data to report, do consolidations, predictive analysis, budgeting, forecasting, modeling, and more using a tool you already know....Microsoft Excel!
June 9
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FAM Training at your Desk!
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Go FAM Hosting!
Sign up before June 30 to save $$ and enjoy:
Automatic Upgrades
Increased Appliction Speed
Enhanced Data Security
Faster Client Service
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