Peachtree Review
Peachtree Accounting 2008 is affordable that small businesses that are looking for a premium accounting application can have the funds for it. Plus businesses who are using Act! For their contact management needs will be happy to know that Peachtree can easily be integrated with it. Navigation is easy even for beginners. Peachtree’s Navigation Aid gives the main toolbar a more descriptive feel with the main categories illustrated with descriptions and visual help. Plus, each screen has a help icon if you’re stuck on something. Peachtree also has a help menu on the top toolbar that contains links to the user manual, online support, and demonstrations or tutorials.
Peachtree has a business status page which displays information on account balances, profit and loss, accounts receivable, and accounts payable. All these data in one page makes Peachtree Accounting 2008 more informative and useful than any other accounting suites available in the market today. Other relevant information can easily be reached with convenient shortcuts. Complex tasks are made easy and simplified into a few steps. For Accounts Receivable, Peachtree Accounting 2008 has a section called Sales. Everything that pertains to your business sales is in this section. You can do the basics operations like view sales tax codes and track sales reps. What sets Peachtree apart from the rest of the accounting applications is its start to finish view of transactions. It will show you what steps to follow and in which order you have to do it. Then there’s the Account Payable section. Here you can create custom purchase orders, quotes, and vendor credit memos. You can also print checks and tax forms. The only limitation is that you can’t customize vendor checks.
A Payroll section is available so that you can easily process payroll faster and easier. In this section, you can print checks, void checks, and direct deposit funds. You can check the payroll of some employees or run it to include everyone under you.
An Inventory Section is provided so that you can easily make adjustments, add stocking locations, and specify cost methods you prefer. You can create assembles or items that you want to sell as a group. You can include product description with each item in your inventory.
Then there’s the Banking Section. This section lets you reconcile your accounts, make deposits and generate six different reports. The Time Billing Section lets you create printable expense tickets, daily and weekly time tickets, and sales invoices. You can generate ten different time/billing reports that you can print out for future reference.
The Job Costing Section is a very powerful tool incorporated in Peachtree Accounting 2008. You can estimate the cost of each job, specify cost codes, and divide jobs according to phase. Jobs can easily be tracked in this section from the moment you implemented it until it is complete. There are twelve different reports that can be generated by this section.
Peachtree Accounting 2008 has an excellent General Ledger Section. Here you can change accounting periods, make additional ledger entries, and register accounts. You can easily generate seven reports within this section.
Peachtree Accounting 2008 lets you handle 200 different fixed assets. Go over that and you have to pay for a monthly charge.
Peachtree Accounting 2008 now lets users add attachments such as photos, spreadsheets, and other scanned documents. This gives businesses opportunity to become paperless with regards to their records. They could scan bills, receipts, invoices, and other documents that need to be stored.
Another feature that Peachtree has is the ability to send out identical invoices for multiple customers or clients. This feature saves the company time and manpower by automating the task of sending out recurring bills.
Peachtree Accounting 2008 remains to be powerful and flexible like all its previous versions. It can be easily installed and used. Peachtree Account 2008 provides a step by step guide on how to install all the main sections. Vista users need no worry as Peachtree will run on it after patching the application. The patch is conveniently available online from Peachtree’s web site.
Peachtree Accounting 2008 is an outstanding accounting application. It has everything you need to help you manage your finances. There are four versions available for you to choose from. You can either get Peachtree First Accounting, Peachtree Pro Accounting, Peachtree Complete Accounting, and Peachtree Premium Accounting.
Peachtree First Accounting is the entry level version. You can easily set up and use it. Its price tag of $69.99 is worth it. It gives the user basic tools in accounting so he or she could create invoices as well as the payments made by the customer, and write checks, or track expenses, also the user can create customer statements, as well as generate more than thirty-five financial statements and reports.
Peachtree Pro Accounting 2008 offers more options with regards to reporting tools. Plus, it has options not available in the Peachtree First Account version. This version has all the essentials needed for the fundamentals of an accounting application. This includes bill paying and invoicing. It has features not included in the First Accounting version like effective reporting, fundamental inventory, and even analysis elements. This software, Peachtree Pro Accounting 2008, can make you choose the better business decision. It costs $169.99.
Then there’s the Peachtree Complete Accounting 2008. It has all the necessary features and then some like analysis tools, job costing, in-depth inventory features, and time and billing. It also has an option for those who are multi-tasking that provides productivity while controlling the accessibility of the data. This costs $269.99.
Lastly, there’s Peachtree Premium. It has premium features not found in the other versions such as progress billing, consolidations for different companies, serialized inventory, as well as the Crystal Reports created for Peachtree. It costs $499.99.
It will run on Microsoft’s Windows 2000 Service pack 3, XP Service pack 2 or Vista. It requires minimum of 1 GHz of Intel Pentium III (or its equivalent), minimum of 256 MB RAM (512 MB or higher recommended) and at least 1 GB of hard disk space still available.