DRUMROLL

                    . . .Ple-e-eze!!

New Edible Forex® converts transactions to-and-from dollars, pesos, euros, yen and more

Accounting help for buying and selling in a global market

Edible Software® has gone global -- with Edible Forex®, our new foreign exchange accounting module designed specifically for the wholesale produce, meat, seafood and grocery industries.

"When you factor two or three currencies into a transaction, the chances of miscalculating costs and selling prices increases dramatically. Inevitably, that means a loss of profit," says Edible CEO Henri Morris, a CPA.

What is the true, final profit or loss bought from or sold to a foreign vendor? "It's the difference between the currency value at the date of the original transaction and settlement date," says Henri. "It is highly likely that the local value of the foreign currency on the date of the original transaction will be different from its value on the date the debt is settled.

"The foreign currency values on these two separate dates," says Henri, "should be accounted for and reported on separately from the regular profit or loss on the purchase or sale of the item itself. Edible Forex does this quickly and automatically," says Henri.

The Edible Forex module -- and all Edible Software is Microsoft Vista-compatible.

Need help with food accounting software? That's all we do, and we do it well. Contact Charles at (832) 200-8000 or visit our website at www.ediblesoftware.com.

Introducing . . . 

The Proud Leader of our Edible Team 

Henri Morris, CPA

President & CEO

Edible Software

Profession: Accountant, CPA
Notable Quote: "This is the 21st century. We put a man on the moon decades ago. So, why can't we track a sick bag of lettuce with the same speed that Fed X tracks a lost package? The fact is, we can. The technology exists today to barcode and RFID-scan leafy greens, meats, seafood, and other fresh foods just the same as you can a box of crackers or a jar of peanut butter."
Hobby:     Avid model railroader.
Sports: Runner- 20 (yes, 20!) marathons since 1996.
Family Ties:  Among Henri's 15 employees are sons Allan and Trevor.
Where From?  Along with wife Ruth, and their three sons, Henri immigrated to Houston from Cape Town, South Africa in 1978. In 1980, he started his own software business targeting U.S. food distributors in the wholesale produce, meat, seafood and grocery industries.
Accent:  Mostly South African with a touch of Texan.

What's the coolest thing about Edible Software?

There are many. It's hard to zero in on just one. However . . .  our 24-7 live support has to rank way near the top of the list. No voice mail, ever. (Pssst . . . this means you talk with real live human beings).

SMACKDOWN!!

What does Generic Food Software Have In Common With Your Kids' Clothes??

The clothes you bought your kids in grade school were very different from the clothes they wore in high school.

Your children matured. They had different needs. Likewise, your business has matured. Generic accounting packages like QuickBooks and Peachtree are probably a poor fit today.

Why is food industry-specific accounting software better than the generic, off-the-shelf packages? One good way to answer this question is by sharing a very nice letter one of our new clients sent us recently. What he wrote pretty much sums up the advantages of industry-specific inventory software like Edible. This is what he said:

After we installed Edible Software, the information we uncovered about our profit margins just blew us away!  For example, Edible showed us that a load of apples we'd bought, then repacked and sold hadn't produced anywhere near the profits we thought we'd made.

We learned that hidden add-on costs our previous accounting package wasn't capable of calculating were eating our lunch.  With Edible, we uncovered our actual profits and costs in detail - per item, per customer. We saw how Edible Software allowed us to manage fuel costs, labor costs, the price of pallets, even the FDA inspection fees.

As for those apples, with this new information at hand, we adjusted our price that very day. Profits are up across the board around here.

There's a moral to this story: Do for your business what you did for your kids when they outgrew their clothes.  Buy something new and beneficial. A growing company needs accounting software that fits.

(Watch for more Smackdown stories and pictures  in coming issues of "The Byte-Me Times.")