Serenic Software, which markets accounting software for nonprofit organizations, has absorbed Bellamy Software. Both companies are owned by Sylogist, a publicly held Canadian business.

Tax agencies are warning professionals about scam emails from people posing as clients soliciting their services. Accounting and tax preparation firms are being solicited nationally in an attempt to collect information for preparing fake returns.

Tangicloud for NFPs has been introduced to provide cloud-based fund accounting software. The application, available in three editions, is based on Microsoft's Dynamics NAV accounting software.