accounts

Microsoft's Fast unit probed over accounting

Microsoft's recently acquired Fast Search & Transfer was charged on Thursday with accounting fraud by Norwegian officials, Reuters reported Thursday.

According to the Reuters report, police raided Fast's offices in Oslo in order to preserve evidence.

Microsoft didn't mention the charges in a statement, but it confirmed that police showed up at its offices Thursday.

"We can confirm that the Norwegian Police for Economic Crime this morning conducted inquiries at Fast's offices in Oslo," the software maker said in a statement. "Microsoft and its subsidiary Fast Search & Transfer (are) cooperating fully with … Read more

QuickBooks 2009 to handle 100 currencies

Intuit shared details of bookkeeping app QuickBooks 2009 on Monday. With this release, the company aims to broaden the focus beyond the ledger book, providing a management center for small businesses that includes expanded online banking, support for transactions in more than 100 currencies, and 12 months of free Web hosting.

The applications are set to arrive in stores October 8.

The 2009 release targets businesses that do work globally, whether that means say, shipping vintage Disney toys to eBay buyers in Japan or employing basket weavers in Uganda. At least 30 percent of QuickBooks users handle international transactions, according … Read more

Accounting on the go: Quickbooks for iPhone and Blackberry

Quickbooks, one of the leading accounting packages for small businesses, has just released web interfaces for Blackberry and iPhone. The iPhone version, seen to the left, sports a very slick UI and allows easy, at-a-glance access to all of your financial information, entered into Quickbooks Online.

At first glance, the web app provides a simplistic view of things. Features included are looking at who owes you, who you owe, vendors, employees, and bank accounts. Despite the initially simplistic look, as you drill down, you uncover a whole new level of detail.

Even though this seems to be a killer app … Read more

PageOnce iPhone app organizes your bills, life

Personal organizer PageOnce has a great iPhone application that I think many will find to be incredibly useful. Like its desktop sibling, PageOnce for iPhone is a feed aggregator the likes of Netvibes or MyYahoo. The only difference is that you're feeding it account information for utilities and services to get a quick overall view of your various balances and spending activity.

I've been using the application for the past few days, and have come to rely on it almost exclusively to keep track of bank accounts, mobile phone usage, and my Netflix queue. In fact, it's … Read more

Social network Multiply goes premium

Multiply, a social network that has done a fine job of flying under the radar since its 2005 launch, has announced a new paid-account program that focuses on media storage. Called a "digital scrapbook," this premium feature will cost $19.95 annually.

Members who opt in to the "digital scrapbook" program will be able to store high-resolution photos, as well as videos up to 20 minutes long. They will also be able to surf the site without ads.

Multiply has also launched a tool that automatically uploads photos and videos to a private "locker," … Read more

Former Nortel execs face criminal charges

Three former Nortel Networks executives are being criminally charged in Canada for misstating the company's financial results in 2002 and 2003.

Nortel's former CEO Frank Dunn along with former CFO Douglas Beatty, and former controller Michael Gollogly have been charged with fraud, according to the Royal Canadian Mounted Police. The executives were fired in 2004 as part of a massive accounting scandal at the company. As a result of the scandal, Nortel, which makes and sells equipment to phone companies, was forced to restate earnings as far back as 2001. In 2005, the company admitted it had overstated revenue by $3.4 billion.… Read more

Keep Vista's User Account Control on guard duty

Well, Microsoft has finally come clean about the real motivation behind Vista's User Account Control feature. As Tom Espiner's reports from the recent RSA Conference in San Francisco, Microsoft UAC Program Manager David Cross admits that UAC was designed to annoy users.

Espiner quotes Cross telling the security-conference audience that negative user reaction was the only way to coax independent software vendors to update their applications for Vista. As fewer programs violated Vista's rules, users would have to click through fewer UAC prompts.

I'd feel worse about being manipulated by the biggest corporation in the world … Read more

Zoho adds strong Invoice app to growing business suite

Zoho is preparing to announce the public release of Zoho Invoice, yet another Web-based app in the company's growing suite of paid business-focused services. Lately we covered Zoho People, a robust app for managing HR tasks.

Zoho Invoice is a clean, straightforward, and flexible invoicing service. I gave it a quick spin and was creating estimates and invoices within minutes after entering in customer data and product lines (which also took only minutes). There is a good collection of attractive invoice templates for goods and services, or you can create your own.

It was easy to take an estimate … Read more

Exposed to military chemical and biological warfare tests, they walk among us

Thousands of people who may have been exposed to chemical or biological agents during military tests remain unaccounted for, and the Defense Department and Department of Veterans Affairs have given up on tracking them down, according to a new report.

Some of the tests were conducted as part of a weapons testing program known as "Project 112." In others (click here for PDF), individuals were intentionally exposed to hazardous substances such as blister, nerve, and biological agents as well as LSD and PCP, according to a Government Accounting Office report (PDF).

Any veterans who believe they have sustained … Read more