SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): August 15, 2003
                                                          ----------------

                               KOGER EQUITY, INC.
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             (Exact Name of Registrant as Specified in Its Charter)

                                     FLORIDA
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                 (State or Other Jurisdiction of Incorporation)


            1-9997                                      59-2898045
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(Commission File Number)                     (IRS Employer Identification No.)

         225 NE MIZNER BOULEVARD, SUITE 200
                  BOCA RATON, FLORIDA                        33432
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(Address of Principal Executive Offices)                   (Zip Code)

                                 (561) 395-9666
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              (Registrant's Telephone Number, Including Area Code)

                                       NA
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         (Former Name or Former Address, if Changed Since Last Reports)







Item 9.  Regulation FD Disclosure.

Koger Equity, Inc. announced a quarterly dividend of $.35 per share payable on
November 6, 2003, to shareholders of record on September 30, 2003, as more
particularly described in its News Release, dated August 15, 2003, a copy of
which is attached hereto as Exhibit 99 and by this reference made a part hereof.

For more information on Koger Equity, Inc., contact the company at 800-850-2037
or visit its Web site at www.koger.com.


Item 7.   Financial Statements and Exhibits.

(c)      Exhibits

                Exhibit
                Number   Description of Exhibit
                -------  ----------------------

                     99  Koger Equity, Inc. News Release, dated August 15, 2003.






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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.




                              KOGER EQUITY, INC.




Dated:  August 15, 2003       By:             /S/ Steven A. Abney
                                     -------------------------------------------
                                                 Steven A. Abney
                              Title:       Vice President/Finance and
                                            Chief Accounting Officer
                                         (Principal Financial Officer)

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                                  EXHIBIT INDEX

The following designated exhibit is filed herewith:

   Exhibit
   Number   Description of Exhibit
   -------  ----------------------

       99   Koger Equity, Inc. News Release, dated August 15, 2003.

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