CYMA (software)

CYMA is the name of a series of accounting software packages.[1][2]

History

CYMA Systems' earliest software, introduced in 1980,[3][4] was DOS-based;[5] as of 2021 most packages require either "Windows 7 or higher,",[6] Unix or Linux. Current offerings are for general accounting (payroll, accounts payable accounts receivable, General Ledger, Inventory Control),[7] or more focused packages which specialize by industry, such as Medical Practice Management or Construction Job Cost Accounting.[8] Their CYMA HR package debuted in 2009.[9] They've also repackaged some programs for non-profits.[10][11]

The company is based in Tempe, Arizona,[12] and via various software modules "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."[13]

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."[14]

References
  1. "Getting Paid Is Only the Start". Accounting Today. May 27, 2016. Integrated accounting systems such as those from CYMA Systems
  2. "TaxWorks Now Includes CYMA's RedGear Accounting Software". Accounting Today. August 11, 2010. provides CYMA with an outstanding opportunity to ...
  3. "CYMA Systems, Inc". CPA Practice Advisor. September 5, 2014. since 1980
  4. "CYMA Accounting Software Celebrates 30th Anniversary". January 8, 2010.
  5. "CYMA bridge". InfoWorld. April 21, 1986. p. 10. 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
  6. "CYMA Financial Management System". Accounting Software World. Retrieved March 14, 2021.
  7. "Top 100 Products". Accounting Today. December 15, 2008. Cyma IV Financial Management System
  8. "CYMA Job Cost Accounting". October 18, 2011.
  9. "Crunching people: CYMA HR". Accounting Today. December 14, 2009.
  10. Ronald A. Landskroner (2002). The Nonprofit Manager's Resource Directory.
  11. "CYMA Not-For-Profit Accounting in 2021". Predictive Analytics Today.
  12. "CYMA Systems".
  13. "CYMA Review". Finances Online. Retrieved March 15, 2021.
  14. Floyd Norris (September 29, 1999). "S.E.C. Charges 68 Companies and Individuals With Accounting Fraud". The New York Times.


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