It was hard not to make a logical leap--FRx Software, a Microsoft operation, has a new wizard for designing reports with FRx 6.7 that can produce financial statements.

FRx is the company's financial reporting software, and the wizard for the latest version was designed to provide a simpler way to design reports--a very limited number of fonts and choices for small businesses to make. But the fact that FRx Report Wizard produces profit and loss statements, balance sheets, and trial balances from the accounts in general ledger packages should have a familiar ring to it: It is only a short step from write-up software.

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