Cougar Mountain Software released Version 12 of its CMS Professional Accounting, Fund and Point of Sale products.

The new lineup includes three new types of reports. Snapshot reports offer a dashboard-like view of business conditions in a company's general ledger, accounts receivable, accounts payable, sales and inventory, complete with charts and graphs.

Common-size reports give managers and business owners a way to see how their company has performed over time and in comparison with other companies in the same industry. Financial analysis reports show the company's performance over three years at a glance using financial metrics for comparison and analysis.

Other new features let users compare their company's financial goals with their current financial status, create additional custom reports, and electronically file W-2s and state and quarterly tax forms.

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