This morning we applied a major update to the AcuInvoice code and are designating this the 0.3 release. We have managed to stay on track with our development calendar, but held off on this release until we were able to get all of the languages files updated appropriately. Thanks again to Charles Jean for his outstanding translation services. The 0.3 release includes a number of significant updates, most notably an improved sales tax system and support for Google Checkout and Amazon Flexible Payment Services (Amazon FPS). With the release of these features, we now have only minor updates to apply prior to the initial commercial release of AcuInvoice. We expect these updates to be completed throughout the remainder of December and into the first week or two of January. As a reminder, subscribers who sign up prior to the initial commercial release will be entitled to a subscription plan that will not be available to those who sign up after the 1.0 release. Details on 0.3 can be found below.
Perhaps the most obvious update in the 0.3 release is the integration of Google Checkout and Amazon FPS. For those who may not be familiar with these payment options, both Google and Amazon.com have recently entered the online payments market and are offering extremely competitve rates for payment processing. Google Checkout currently has the simplest of fee structures: FREE. Payments processed through Google Checkout are completely free until February 1, 2008, after which they will charge 2% plus $0.20/transaction. Additionally, if you advertise on Google AdWords, Google will credit your Checkout account for the processing fees on charges of up to 10X your monthly AdWords spend. For example, if you spend $100 with AdWords, your first $1000 of Google Checkout processing is free (a $20 savings in this example). Lastly, non-profit organizations will not be charged any processing fees for donations processed via Google Checkout until 2009.
Like Google Checkout, Amazon FPS offers advantages that are likely to accelerate its adoption. First, since every Amazon.com customer already has the ability to make payments through FPS, Amazon FPS enters the online payments market with an astounding 70 million accounts. Second, as Paul Stamatiou has very keenly noted, Amazon FPS is an ideal solution for micropayments and will be the only economical choice for businesses selling a large number of low cost items.
Improved US Sales Tax
The current release includes expanded support for sales tax, with an emphasis on US markets (for now). Subscribers can specify sales tax rates for different states and can even create different tax rates at the city level. The improved sales tax system is located in My Account–>Sales Tax. Please try out the system and let us know what we can do to make it even better.
Please Kick The Tires!
The overwhelming majority of the improvements to AcuInvoice are attributable directly to feedback from our users. We love hearing from you and strongly encourage you to contact us at support (at) acuinvoice (dot) com if you find something that doesn’t look quite right or if you have constructive criticisms of any kind whatsoever. Thanks again for your support.
The AcuInvoice Team