Minneapolis (Jan. 14, 2004) -- Software maker Open Systems Inc. has launched the latest version of its Traverse Not-For-Profit accounting package.

Enhanced capabilities of Traverse NFP 10.1 include FASB 117 reporting; cross-fiscal year reporting; inventory and sales order tracking; and the ability to create allocation entries, seamless data imports, active, inactive, and discontinued accounts.

Additional features in Traverse 10.1 include subsidiary ledger audit inquiries and reports; new fields for bank account IDs and general ledger periods; and the ability to change IDs for items, locations, vendors, customers, sales representatives, employees, departments and general ledger accounts.

-- WebCPA staff

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