EXHIBIT 12.1



KOGER EQUITY, INC.



Ratio of Earnings to Fixed Charges

(In Thousands except Ratios)



|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|----------------------------------------------- |  | ---------------------------------- | ------ | - | ---- | - | ------ | ---- |  | - | ------- | - |  | ---- | ------ | - |  | - | ------ | -
|                                                |  | (For the Years Ended December 31,) |       
|                                                |  | 2003                               |        |   | 2002 |   |        | 2001 |  |   | 2000    |   |  | 1999 |       
|EARNINGS:                                       |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|Net Income                                      |  | $                                  | 16,691 |   |      | $ | 16,423 |      |  | $ | 73,223  |   |  | $    | 27,153 |   |  | $ | 36,586 |  
|                                                |  |                                    |        |   |     
|Adjustments:                                    |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|Income tax (benefit) provision                  |  |                                    | (94    | ) |      |   | (413   | )    |  |   | 684     |   |  |      | (21    | ) |  |   | 187    |  
|Minority Interest                               |  |                                    |       |   |      |   | 20     |      |  |   | 1,044   |   |  |      | 1,156  |   |  |   | 1,174  |  
|Equity in earnings of unconsolidated subsidiary |  |                                    |       |   |      |   |       |      |  |   | (81     | ) |  |      | (645   | ) |  |   | (1,099 | )
|Interest Expense                                |  |                                    | 27,784 |   |      |   | 23,252 |      |  |   | 25,204  |   |  |      | 27,268 |   |  |   | 21,893 |  
|Amortization of loan costs                      |  |                                    | 1,465  |   |      |   | 1,893  |      |  |   | 908     |   |  |      | 888    |   |  |   | 836    |  
|Distributed income of equity investees          |  |                                    |       |   |      |   | 2,750  |      |  |   |        |   |  |      | 438    |   |  |   | 448    |  
|Interest capitalized                            |  |                                    |       |   |      |   |       |      |  |   | (207    | ) |  |      | (1,059 | ) |  |   | (3,343 | )
|Gain on sale of assets                          |  |                                    | 573    |   |      |   | (21    | )    |  |   | (39,189 | ) |  |      | (6,015 | ) |  |   | (3,851 | )
|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|Earnings                                        |  | $                                  | 46,419 |   |      | $ | 43,904 |      |  | $ | 61,586  |   |  | $    | 49,163 |   |  | $ | 52,831 |  
|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|FIXED CHARGES:                                  |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|Dividends on preferred stock                    |  | $                                  | 1,995  |   |      | $ |       |      |  | $ |        |   |  | $    |       |   |  | $ |       |  
|Interest Expense                                |  |                                    | 27,784 |   |      |   | 23,252 |      |  |   | 25,204  |   |  |      | 27,268 |   |  |   | 21,893 |  
|Interest Capitalized                            |  |                                    |       |   |      |   |       |      |  |   | 207     |   |  |      | 1,059  |   |  |   | 3,343  |  
|Amortization of loan costs                      |  |                                    | 1,465  |   |      |   | 1,893  |      |  |   | 908     |   |  |      | 888    |   |  |   | 836    |  
|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|Total Fixed Charges                             |  | $                                  | 31,244 |   |      | $ | 25,145 |      |  | $ | 26,319  |   |  | $    | 29,215 |   |  |   | 26,072 |  
|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |  
|RATIO OF EARNINGS TO FIXED CHARGES              |  |                                    | 1.49   |   |      |   | 1.75   |      |  |   | 2.34    |   |  |      | 1.68   |   |  |   | 2.01   |  
|                                                |  |                                    |        |   |      |   |        |      |  |   |         |   |  |      |        |   |  |   |        |