SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0362
Estimated average burden
hours per response:			1.0

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

CROCKER THOMAS J

(Last)

(First)

(Middle)

KOGER EQUITY, INC.

225 NE MIZNER BLVD. SUITE 200

(Street)

BOCA RATON

33432

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
KOGER EQUITY INC [ KE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/02/2003		A4	126.125	A⁽¹⁾	$15.56	334,869.025	D
Common Stock	02/03/2003		A4	129.027	A⁽²⁾	$15.21	334,869.025	D
Common Stock	02/06/2003		A4	105.707	A⁽²⁾	$15.27	334,869.025	D
Common Stock	03/03/2003		A4	127.27	A⁽²⁾	$15.42	334,869.025	D
Common Stock	04/01/2003		A4	126.695	A⁽²⁾	$15.49	334,869.025	D
Common Stock	05/01/2003		A4	110.841	A⁽²⁾	$16.104	334,869.025	D
Common Stock	05/01/2003		A4	121.442	A⁽²⁾	$16.16	334,869.025	D
Common Stock	06/02/2003		A4	114.766	A⁽²⁾	$17.1	334,869.025	D
Common Stock	07/01/2003		A4	113.9	A⁽²⁾	$17.23	334,869.025	D
Common Stock	08/01/2003		A4	114.431	A⁽²⁾	$17.15	334,869.025	D
Common Stock	08/07/2003		A4	113.574	A⁽²⁾	$17.1764	334,869.025	D
Common Stock	09/02/2003		A4	108.545	A⁽²⁾	$18.08	334,869.025	D
Common Stock	10/01/2003		A4	128.175	A⁽²⁾	$18.9	334,869.025	D
Common Stock	11/03/2003		A4	122.658	A⁽²⁾	$19.75	334,869.025	D
Common Stock	11/06/2003		A4	106.55	A⁽²⁾	$19.7884	334,869.025	D
Common Stock	12/01/2003		A4	117.483	A⁽²⁾	$20.62	334,869.025	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The shares of Common Stock were acquired pursuant to Koger Equity, Inc.'s ("Koger") Stock Investment Plan.

2. The shares of Common Stock were acquired pursuant to Koger's Stock Investment Plan.

	/s/ Thomas J. Crocker	02/17/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.