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) April 22, 1999

                               IOS CAPITAL, INC.
            (Exact name of registrant as specified in its charter)
                                        


       DELAWARE                       File No. 0-20405           23-2493042
- ------------------------------        ----------------         --------------
(State or other jurisdiction          (Commission File         (IRS Employer
     of incorporation)                     Number)             Identification
                                                                  Number)
                                                         
                                                         
                    1738 Bass Road, Macon, Georgia       31210
                    ------------------------------       -----
             (Address of principal executive offices)  (Zip Code)


                                (912) 471-2300
              Registrant's telephone number, including area code:
                                        

 
                                Not Applicable
                -----------------------------------------------
         (Former name or former address, if changed since last report)

 
Item 5.  Other Events.
         ------------ 

     A press release issued by the Registrant's parent, IKON Office Solutions, 
Inc. ("IKON"), dated April 22, 1999, regarding the appointment of William S. 
Urkiel as IKON's Chief Financial Officer and Senior Vice President, is attached.

     A press release issued by IKON dated April 28, 1999, regarding IKON's
financial results for the period ended March 31, 1999, including unaudited
consolidated statements of income for the three months ended March 31, 1999 and
the six months ended March 31, 1999, is attached.


     This Report includes or incorporates by reference information which may
constitute forward-looking statements within the meaning of the federal
securities laws. Although the Registrant believes the expectations contained in
such forward-looking statements are reasonable, it can give no assurances that
such expectations will prove correct.  Such forward-looking information is based
upon management's current plans or expectations and is subject to a number of
risks and uncertainties that could significantly affect current plans,
anticipated actions and the Registrant's and/or IKON's future financial
condition and results. These risks and uncertainties, which apply to both the
Registrant and IKON, include, but are not limited to, risks and uncertainties
relating to conducting operations in a competitive environment; delays,
difficulties, management transitions and employment issues associated with
consolidation of, and/or changes in business operations; managing the
integration of existing and acquired companies; risks and uncertainties
associated with existing or future vendor relationships; and general economic
conditions. Certain additional risks and uncertainties are set forth in the
Registrant's 1998 Annual Report on Form 10-K filed with the Securities and
Exchange Commission. As a consequence of these and other risks and
uncertainties, current plans, anticipated actions and future financial condition
and results may differ materially from those expressed in any forward-looking
statements made by or on behalf of the Registrant.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
         ------------------------------------------------------------------ 

c. The following exhibits are furnished in accordance with the
   provisions of Item 601 of Regulation S-K:


        (99)   IKON's Press Release dated April 22, 1999

        (99.1) IKON's Press Release dated April 28, 1999

 
                                   SIGNATURE



          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.


                                          IOS CAPITAL, INC.



                                          By:  /s/ Harry Kozee
                                              ----------------
                                                   Harry Kozee
                                                   Vice President - Finance



Dated:  May 4, 1999