K2 Tech Update Header
Published by
The K2 Enterprises Team
 
AUGUST 2009
Greetings!
 
In this month's K2 Tech Update we look into Online Backups and explore why traditional backup methodologies fail and risk and costs associated with not backing up data.

You'll also find technology tips for Word, QuickBooks, and Excel, along with important news stories that you may have missed.


We hope you find this issue timely, relevant, and useful.
  Let us know what you would like to see in future issues.

The K2 Team
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Creating Reversing Journal Entries in QuickBooks

QuickBooks Premier and QuickBooks Enterprise Solutions contain a feature that allows users to create journal entries that automatically reverse on the first day of the following month. Such entries can be particularly useful when needing to book an accrual or deferral and then desiring that transaction to be reversed in the following period.

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Improving Excel Accuracy with the Evaluate Formula Tool

Spreadsheet errors are the bane of every accountant who uses Excel for financial and/or operating reporting.

Unfortunately, study after study continues to report spreadsheet error rates at epidemic levels, thus compelling accountants to find a way to identify and correct such errors in the Excel workbooks used in their organizations. Fortunately, Excel's Evaluate Formula tool can ease the burden of identifying the specific portion of a formula that is causing a formula to calculate incorrectly.


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TechTips_MSWord

Comparing Multiple Documents for Changes in Word

Have you ever had multiple versions of what is essentially the same Word document and needed to know if both versions were exactly the same? Word's Compare function makes quick and easy work of identifying changes that exist between two versions of a Word document and allows you to accept or reject changes, as appropriate.

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Why Online Backups Make Sense

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The Compelling Need for a Sound Backup Strategy

Online backup services targeted to businesses of all sizes continue to draw interest from business owners and managers, and for good reason. Online backups offer many potential advantages when compared to traditional backup methods.

In this article, we will identify some of the potential advantages of online backups and seek to answer many of the questions associated with shifting to an online backup service for your critical company information.

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Windows7_logoPricing and Release Dates Announced for Windows 7

Microsoft has announced both pricing and release dates for Windows 7, the next version of the Windows operating system. Windows 7 will become available to the public on October 22 of this year. However, subscribers to the Microsoft Action Pack will be able to download English editions of Windows 7 beginning August 23. Action Pack subscribers will be able to download non-English editions of Windows 7 in the weeks following August 23.

>> Read more here
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MIS Group Ceases Operations

Management Information Services, Inc./MIS Group announced that effective July 6, 2009 it will cease all business operations. "As a result of the current economic crisis, the lack of available credit and market circumstances beyond our control, we unfortunately are not able to be viable as a business and continue to service our customers", stated Robert Muir, Chief Executive Officer.


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Intuit Acquires Pay Cycle

Intuit Inc. has completed its acquisition of PayCycle, Inc. PayCycle, based in Palo Alto, Calif., is a leader in online payroll for small businesses, accountants and financial institutions and serves more than 85,000 small businesses.


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Excel 2010
Ten Key Improvements


In the coming weeks and months, you will no doubt hear more about Office 2010. The next version of the ubiquitous Office productivity suite promises a number of significant improvements, many of which will be of keen interest to accountants and other financial professionals. Based on early previews of the Office 2010 Technical Preview, following is a listing of ten key improvements in Excel 2010.


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About K2 Tech Update

K2 Tech Update is published by K2 Enterprises
and features technology and productivity news, information,
and tips for accounting and financial professionals.


Keep up with the latest news and information
regarding Accounting and Finance Technology today!


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