Accountants to Breathe Easy on Linux with P2P Accounts

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Accountants all over the world faced a major hurdle when it comes to adopting Linux for themselves or for their clients. The lack of an easy to install, easy to use and an effective feature rich accounting software with easy download access to all, had distanced many SMBs from Linux adoption.

Accountants all over the world faced a major hurdle when it comes to adopting Linux for themselves or for their clients. The lack of an easy to install, easy to use and an effective feature-rich accounting software with easy download access to all, had distanced many SMBs from Linux adoption.

All that will change, according Samooha (S) Pte Ltd, a Singapore based company emerging in enterprise software solutions segment for the SMEs.

P2P Accounts is a new concept in distributing accounting software which is flexible enough to blend the best of two distinct worlds of Free Software and Proprietary Software. P2P means "People to People" as it is geared to bring about a sea change in the minds of the people adopting this software by educating them about accounting and accountability. The business model for P2P Accounts is uniquely designed to be sustainable in the mid term and successful in the long term.

The software has certain features that makes it a favorite among small and medium businesses catering to global customers dealing in different currencies and different cost structures which can be well managed through an excellent feature of split accounting.

The software will be available on Linux as well as on Windows and Mac Operating Systems to enable maximum users to benefit from a software that is made with the best of the enterprise software architecture which includes Java Core, Spring Framework (OSGI Compliant), Java Persistence Architecture with OpenJPA (part of EJB 3.0 specification) and H2 Database a new generation database with high efficiency to run in embedded mode with P2P Accounts. The architecture enables the software to connect to any database supported by OpenJPA.

The development preview of the software is already generating interest amongst business communities using Ubuntu Linux and Fedora Linux from Asia Pacific, Europe and the North America. The production quality software will begin implementation and adoption in Singapore in October 2007 as several small businesses have been testing the software on Ubuntu Linux, Fedora Linux and Windows, at the time of this release.

Further announcements about P2P Accounts availability will be made by the end of September at the website http://www.p2paccounts.com

Contact for more details on this release:
Samooha (S) Pte Ltd
37, Tannery Lane
#04-05, Tannery House,
Singapore 347790
Tel: +65-68448870, 67452600
Fax: +65-62340473
http://www.samooha.com

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Rajesh Acharya
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