From CalEd Software:
Class Action Gradebook Elementary Edition is for teachers, take the work out of grading with Class Action Grade book. Flexible and easy to use, Class Action's Elementary Edition is designed for teachers who teach multiple subjects to their classes. Class Action tracks and computes grades and attendance and helps you stay in contact with students and their parents. It includes seating charts and a full complement of ready-to-go reports, letters, and graphs (in English and Spanish) that can be printed or automatically e-mailed to parents or posted on our secure Web site.
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"Great Grade Book Program"
Version: Class Action Gradebook Elementary Edition 12.0.5
Using on Windows 7, no problems.
Simple Grade Entry (Looks like a grade book acts like a grade book)
Very user friendly
Runs Locally but allows for online posting of grades
View points, percentages, letter grades
Elementary version is great and allows multiple subjects in a single file/interface
The top window seems a little cluttered with buttons when you first start using the program but after realizing that you will be using those buttons frequently, it's actually nice. I guess that's not a con.
I researched several of the top rated grade book programs but found Class Action Gradebook Elementary edition to be the easiest to use with the largest feature set.