Hi Folks,

Those of you who run a small business with MS Office – and use Paypal for web payments – might be interested in this press release from MS and Paypal.

Microsoft is to link up with eBay Inc., Equifax and PayPal to offer online integrated services for Microsoft Office Small Business Accounting 2007.

“We have talked to small businesses, and, not surprisingly, the No. 1 concern they have is the amount of time they spend on financial management,” said Rajat Taneja, GM of small business product development at Microsoft.

Microsoft worked closely with eBay through the eBay Developers Program to enable Office Small Business Accounting 2007 users to list and sell items on eBay from within their accounting software.

Chris Tsakalakis, VP of advanced solutions at eBay said, “The eBay listing feature included in Microsoft’s new accounting software will empower small businesses to explore new revenue channels, while offering current eBay sellers a complete small-business accounting solution to help them grow their businesses.”

eBay – Office Small Business Accounting 2007 will enable small businesses to easily sell their products on eBay, made possible through eBay’s Web Services API. The upcoming product provides businesses with the ability to select products from their inventory, list items for sale on eBay, view status of listings, and download transactions and fees — all from within the accounting software.

Equifax - Businesses will be able to monitor the credit-worthiness of their customers, their vendors and their own business on an ongoing basis directly from within the accounting software.

PayPal – Working with PayPal, Microsoft will provide Invoice Payment Service and Merchant Processing Service, both within Office Small Business Accounting 2007.

These services will enable small businesses to accept payment transactions with PayPal, either through e-mail or through direct credit card payments. These solutions will save small businesses time and money and result in greater payment flexibility for their customers.

MS Office Small Business Accounting 2007 will include the following:

– Enhanced Integration with Microsoft Office Outlook 2007 with Business Contact Manager will let you share and update a single list of customers across the organization.

– Multicurrency support. Small businesses will be able to add or change information about the foreign currencies and easily update exchange rates.

More information at http://office.microsoft.com/en-us/FX011956881033.aspx

Ivan

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