-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 JsNUi8IjclFaVJDqklqeUbw7gOhofxnLLkZ1R8HcwGUgo59OE/zfmNAQW2x+Q7RR
 5BRxUsvPknrNTQJlAjWhAQ==

<SEC-DOCUMENT>0001157523-03-002234.txt : 20030530
<SEC-HEADER>0001157523-03-002234.hdr.sgml : 20030530
<ACCEPTANCE-DATETIME>20030530114236
ACCESSION NUMBER:		0001157523-03-002234
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030521
FILED AS OF DATE:		20030530

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOGER EQUITY INC
		CENTRAL INDEX KEY:			0000835664
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				592898045
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		8880 FREEDOM CROSSING TRAIL
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32256
		BUSINESS PHONE:		9047321000

	MAIL ADDRESS:	
		STREET 1:		8880 FREEDOM CROSSING TRAIL
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32256

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			AMARA TODD J
		CENTRAL INDEX KEY:			0001235466

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09997
		FILM NUMBER:		03724797

	BUSINESS ADDRESS:	
		STREET 1:		KOGER EQUITY INC
		STREET 2:		225 NE MIZNER BLVD STE 200
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33432
		BUSINESS PHONE:		5614471807

	MAIL ADDRESS:	
		STREET 1:		225 NE MIZNER BLVD STE 200
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33432
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>a4406233_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>3</documentType>
   <periodOfReport>2003-05-21</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000835664</issuerCik>
        <issuerName>KOGER EQUITY INC</issuerName>
        <issuerTradingSymbol>KE</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001235466</rptOwnerCik>
            <rptOwnerName>AMARA TODD J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Vice President</officerTitle>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common Stock in Stock Investment Plan</value>
      </securityTitle>
      <transactionAmounts>
         <transactionShares>
           <value>1431.751</value>
         </transactionShares>
      </transactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <ownerSignature>
      <signatureName>Todd J. Amara</signatureName>
      <signatureDate>2003-05-30</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----