FOR RELEASE 5TH SEPTEMBER 2006

For more information contact:
info@villagemall.com.au

VILLAGEMALL^®
 VillageMall provides FREE OECD Standardised Audit File (SAF-T)..

SAF-T provides a vendor independent archive specification, approved by the leading 30 industrialised nations of the OECD.

Brisbane, Australia,- September 2006 - VillageMall^®, the premier provider of online Business Solutions for Australian small business owners and operators, today announced that SAF-T downloads will be included, free of charge, for all customers.

"Our 12 months of experience with the OECD specification has shown the benefits for all companies, their accountants and auditors of  having an International agreed format for company information," said VillageMall CEO Charles Moore, upon announcing the Free service. "SAF-T provides an vendor independent format for the export and archive of company data, suitable for processing by Accountants using Industry Standard tools like Microsoft Excel 2003. While VillageMall initially developed SAF-T to meet the regulatory requirements, this has proven to be of little value to our clients who in the main will never have an ATO audit. The real benefits of a standardised Audit format, is the ability for company Officers, their accountants or auditors to have access to detailed company data in a format which can be processed by tools like Excel 2003. "As the first and only Australian accounting system supplier to provider our clients with SAF-T, VillageMall and our clients have learned the real advantages which come from standardised audit file formats when combined with VillageMalls' on-demand service delivery model.."


Pricing and Availability
A SAF-T export, is performed via a user initiated download or delivered on CD (optional fee based service) and is available from today.

More information here.

VillageMall enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; sales order processing, multi-location inventory, accounting and records management; online store and Web site management; and employee productivity. Web Ledger and Web Office are delivered as online services, so there is no hardware to procure, no large, up-front license fee, and no complex set-ups.

About VillageMall

VillageMall is the pioneer,  in developing secure next generation Internet applications for small business. 
VillageMall is a privately held company, founded in 1999 and is headquartered in Brisbane, Australia.
For more information please contact us or visit the company Web site at www.Villagemall.com.au.