CYMA (software) explained

CYMA is the name of a series of accounting software packages, developed by Tempe-based company CYMA Systems.[1] [2] [3]

History

CYMA Systems earliest software, introduced in 1980,[4] [5] was DOS-based;[6] as of 2021 most packages require either "Windows 7 or higher",[7] Unix or Linux. Current offerings are for general accounting (payroll, accounts payable accounts receivable, General Ledger, Inventory Control),[8] or more focused packages which specialize by industry, such as Medical Practice Management or Construction Job Cost Accounting.[9] Their CYMA HR package debuted in 2009.[10] They've also repackaged some programs for non-profits.[11] [12] [13]

Via various software modules, the company "provides third-party integrations, such as: time-tracking software, backup services, direct deposit services" and "can also import common financial file types, print checks, manage electronic payments, and prepare bank deposits."[14]

Controversy

The private company's president was charged by the U.S. Securities and Exchange Commission as having "ordered a subordinate to lie to auditors about whether CYMA had actually placed a large order" with another company "said to have falsified its books from 1993 to 1997."[15]

Notes and References

  1. . Getting Paid Is Only the Start . Integrated accounting systems such as those from CYMA Systems . May 27, 2016.
  2. Accounting Today. TaxWorks Now Includes CYMA's RedGear Accounting Software. provides CYMA with an outstanding opportunity to .... August 11, 2010.
  3. Web site: CYMA Systems .
  4. Web site: . CYMA Systems, Inc. . since 1980 . September 5, 2014.
  5. Web site: CYMA Accounting Software Celebrates 30th Anniversary. https://web.archive.org/web/20100109013202/http://www.prweb.com/releases/CYMA/anniversary/prweb3418454.htm. dead. January 9, 2010. January 8, 2010.
  6. . CYMA bridge . Cyma/McGraw-Hill will bundle Paperback Software's VP-Planner spreadsheet with its new $295 Cyma Bridge, which converts data from Cyma's accounting software . April 21, 1986 . 10.
  7. Web site: Accounting Software World. CYMA Financial Management System. March 14, 2021.
  8. . Top 100 Products . Cyma IV Financial Management System . December 15, 2008.
  9. Web site: CYMA Job Cost Accounting . October 18, 2011.
  10. . Crunching people: CYMA HR . December 14, 2009.
  11. Book: Landskroner, Ronald A. . The Nonprofit Manager's Resource Directory . 2002 . Wiley . 978-0-471-39242-2 . en.
  12. CYMA Not-For-Profit Accounting in 2021 . 2024-07-25 . Predictive Analytics Today.
  13. Web site: 2013-05-27 . 2013 Review of CYMA Not For Profit Fund Accounting . 2024-07-25 . CPA Practice Advisor . en-GB.
  14. Web site: Finances Online. CYMA Review . March 15, 2021.
  15. News: The New York Times. S.E.C. Charges 68 Companies and Individuals With Accounting Fraud. Floyd Norris . September 29, 1999.

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