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Konrad,
That may make sense to an accountant, but it sure doesn't make sense to me!
I understand debits, credits, and auditability. Classifying sales types
moves it outside the range for an old RPG/COBOL programmer.... :)
It's not important, I suppose - I was just curious.
Dale Gindlesperger
IT Manager/Special Projects Leader
Fleetwood Folding Trailers, Inc.
Somerset, PA
"Konrad
Underkofler" To: "MAPICS ERP System
Discussion" <mapics-l@xxxxxxxxxxxx>
<kdunderk@hoshizak cc:
i.com> Subject: RE: Question on
MAPICS services
Sent by:
mapics-l-bounces@m
idrange.com
11/10/2003 05:22
PM
Please respond to
MAPICS ERP System
Discussion
Dale,
Someone may want to pipe up but when we did Essentials I had to ask MAPICS
what the financials meant and strangely enough they told me. Now if I can
only remember and try to amaze Jeff some more...
I think what we know as ALF is a combination of maintenance fee and annual
license fee and I would imagine most of it is included under services.
Remember they report all three products now and do not split the $$$ so the
most tell tale figure is new license fees as to what growth actually is. It
would be a little better for us if they split the two items since one is
state taxable in Georgia and the other is not. Right now because one is
taxable we pay taxes on all of it.
I would also assume that most of the added revenue is from folding in the
Syteline products since I do not believe it was part of the financials in
this quarter last year.
Regards
Konrad
-----Original Message-----
From: DaleGindlesperger@xxxxxxxxxxx
[mailto:DaleGindlesperger@xxxxxxxxxxx]
Sent: Mon 11/10/2003 11:01 AM
To: MAPICS ERP System Discussion
Cc:
Subject: Question on MAPICS services
I'm probably going to feel dumb on this one, but surely
someone knows the
answer to this.....
Did anone see MAPICS' posting of their financial results?
They were
profitable again (which is good by my reckoning). But the
article says:
. Year-to-year comparisons of MAPICS's fourth-quarter
revenues look promising:
License revenue increased 31 percent, to $12.1 million;
services revenue increased
55 percent, to $33 million; total revenue increased nearly
48 percent, to $45.1
million.
This is an excerpt from a Midrange Systems article,
http://www.midrangeserver.com/tfh/tfh111003-story06.html
I figure "License revenue" must be new sales and ALFs, but
what are
"services" as in "services revenue"? What services does
MAPICS do? I've
been using MAPICS since 1986, and have no idea what this means
- but it
appears to be 73% of their revenue. I just buy modules, and
pay my ALFs.
That doesn't qualify as services in my book.....
Dale Gindlesperger
IT Manager/Special Projects Leader
Fleetwood Folding Trailers, Inc.
Somerset, PA
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