Club Accounting 3 From ICLUBcentral Makes Investment Club Accounting Easier Than Ever

Cambridge, MA – ICLUBcentral Inc., the market leader in investment club accounting software and web services, today released Club Accounting 3 for Windows. This new program provides investment clubs and investing partnerships with a powerful new tool for handling their operations, along with unprecedented ease of use and a long list of innovative new features.

"Club Accounting 3 is the result of our firm's 16 years of experience delivering accounting solutions for investment clubs and investing partnerships," said ICLUBcentral's Vice-President of Investing Products, Douglas Gerlach. "With this program, any individual can manage the records of their club's investments and member contributions—without an accounting degree—quickly, easily and accurately."

Club Accounting 3 is the result of a soup-to-nuts rethinking of the tasks that a treasurer undertakes for tax-compliant management of investment club books, and makes the job simpler than ever. With Club Accounting 3, club treasurers get all the accounting and support functionality that they expect, with these additional enhancements and features:

* Time-saving Wizards that walk treasurers through common tasks, like preparing or wrapping up the club's monthly meeting, and closing the club's books for the year.

* Automatic download and installation of updates when available.

* Reconcile Accounts feature helps to balance the books to a bank or brokerage firm statement.

* Sharp new Windows XP theme-based user interface and left navigation bar offers a pleasing work environment.

* Exports all reports to Microsoft Word®, Microsoft Excel®, or Adobe Acrobat® Reader format, for use in e-mailing to members or creating customized reports and mailing labels.

* Context-sensitive help available on most screens.

* Internal accounting engine was completely rewritten to reflect current tax code and partnership accounting guidelines and provides easy transfer of data to the company's online club accounting web site.

* Optional tax printer modules available for year-end IRS and state filings (in eight states).

Since the release of its first product in 1989, ICLUBcentral has continued to dominate the market. Its web-based and desktop Club Accounting solutions are used by the majority of investment clubs and other investment partnerships in the United States, making ICLUBcentral the clear market leader in investment club solutions.

Club Accounting 3 is available for purchase for $219.00, with member discounts and upgrade pricing also available.

For more information, to download a demonstration version or to purchase a copy of this powerful new revolution in investment club accounting, visit http://www.iclub.com/ca3/.

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About ICLUBcentral
Based in Cambridge, MA, ICLUBcentral Inc. develops quality tools for investors and investment clubs, including software products, web sites and the market-beating Investor Advisory Service newsletter. For more information on the company, visit http://www.iclubcentral.com.