Enterprising Hospitality
Date PublishedFeb 11, 2010

Richard Snyder, Director of Client Services, M3 Accounting + Analytics, 770.531.3727, richard@m3as.com

(TAMPA, FL – 11/02/10) M3 Hotel Accounting has recently been designated by the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education (CPE) on the National Registry of CPE Sponsors. Both the 2-day and 5-day AccKnowledge “Train the Trainer” courses have been evaluated to earn up to 20 or 40 CPE credits for Certified Public Accountants.

The 2-day training, based at M3’s headquarters in Gainesville, Georgia, is a one-on-one course designed to train new users of established M3 customers on the specific functions of the hotel accounting software. Users work directly with an M3 training team specialist to create custom financial reports, budgets and forecasts. They also learn all functions of the general ledger, accounts payable, check writer and other modules, as well as reporting in InnQuire, M3’s data mining tool. The 2-day training session provides up to 20 CPE credits for CPAs

For new M3 customers, the comprehensive 5-day “Train the Trainer” course, held at M3’s training facility in Tampa, Florida, provides an in-depth look at M3’s AccKnowledge and InnQuire applications. Through one-on-one work with an M3 training specialist, new customers work to build their hotel accounting systems and customize reports, budgets and forecasts. All accounting software functions are reviewed,m, accounts payable, check writer and various other tools. The 5-day training session provides up to 40 CPE credits for CPAs.

“We are thrilled to offer our CPA customers the opportunity to earn continuing education credits,” explained Casi Johnson, M3 Vice President of Operations. “The individual attention that they receive in our training courses helps participants get the most out of their time, and the ability to submit their study hours for CPE credits only increases the value of our 2-day and 5-day training programs.”

As the industry leader in hotel specific accounting software, M3 Hotel Accounting processes over $8 billion in financial transactions annually. The company was founded in Gainesville, Georgia in 1998, and currently provides internet-based accounting and payroll services to over 3,000 hotels across the country, with annualized revenue growth of 25% over the last 10 years.

About M3 Hotel Accounting

M3 Hotel Accounting was created in 1998 from one of the oldest and most successful hospitality companies in the industry. This experience, coupled with its software development expertise, has allowed M3 to develop an integrated suite of hospitality accounting products, including M3Link, AccKnowledge, InnQuire, LaborWatch and payroll services, allowing hotel owners, operators and managers unsurpassed access to the information they need most. The company currently has over 3,000 hotels on-line, and has never had a price increase for its services in over 10 years of operation. For more information, visit www.m3as.com.

M3 Hotel Accounting is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website:www.nasba.org.