Average Reviews:
(More customer reviews)After 3 1/2 months of extensive review (online forum and review websites) and 30 days of free trial of both Quickbooks and Peachtree, I have finally settled and found my "accounting niche" in Peachtree! I have a recently established 2-person business with NO accounting experience whatsoever except for the Splashmoney and Moola I downloaded for my Droid. So I wanted to be 100% sure of doing research before spending for a software I plan to use for a long time with my Windows XP.
Having said that, Peachtree has not let me down for the past 41 days that I have used it (knock on wood!). It is very intuitive (as one reviewer commented) and offers several choices (like a template company), depending on your type of business, with "default" forms and entries, making it easier to use. It is very easy to set up probably because I already had practiced with the online 30-day trial. Nonetheless, the program guides you step-by-step and there is no way any item/entry will be missed because it will flag/remind you with a pop-up window.
Entering vendors and bills is a breeze. Because it has a flow-chart system that helps you what to do, you can not miss any bills and payments due. It allows the user to enter the default for a vendor's address/credit limit, inventory items and prices so this prevents double-entry accounting, which saves a huge amount of time!
Receiving money is also easy. It asks for what invoice the received money is for and all it takes is 2 clicks and you're done! It also allows you to send an invoice for a customer through e-mail which makes receiving money faster (no need for fax or postage!).
The software allows you to enter as much information as possible for every entry and attach whatever files you want WITHOUT additional fees that Quickbooks demand!
You have the option of using Peachtree's payroll system (with a yearly fee less than Quickbooks!) or you can do it yourself. It guides you on what forms to submit for tax purposes.
Having ended the 2010 accounting year, I recently printed my income statement for the year 2010 and wanted to change my accounting period for 2011 but it did not allow me to do so without doing an "internal audit." The software flags you of what you need to check before the accounting period can be changed (unreconciled accounts, double billing, out-of-stock inventory, and the list goes on). The software also reminds you to back up your data with a pop-up window if you have not done so beyond 7 days.
Fortunately, I have not had the experience of calling tech support so I can not comment on that (thus, the 5 stars).
Over-all, I recommend this program to both accounting experts and to accounting dummies like me! This is WAY cheaper than Quickbooks without additional fees that QB extorts from the consumers. Don't listen to your accountants when they tell you to use Quickbooks (because 98% of the accountants use QB and it's easier for them to "manage" your ledger with the same program, of course!).
I will update this review once my accountant sees my Peachtree income statements and ledgers :)
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Sage Peachtree Pro Accounting 2011 helps you manage your expanding business with easy-to-use accounting features that do the basics and much more. Automate your invoices, checks, and track employee payroll. You can record customer payments, create budgets, and track sales, inventory, and expenses. Save time with simplified navigation, integration with Microsoft Excel, multi-tasking screens, and comparative budgeting. Sage Peachtree Pro Accounting provides insight with 80+ reports and financial statements. All first-time Sage Peachtree customers receive 30 days of free support* and 30 days of free online training*. Manage your business with the accuracy and control you want--for the results you need.
Additional Product Features
Comprehensive Payroll Management*
Budgeting and cash flow management
Easy Conversion from QuickBooks*
Built-in checks for common accounting errors*
(*See www.peachtree.com/disclosures for details.)
Who's It For? Sage Peachtree Pro Accounting 2011 is designed for owners of service- or product-oriented small businesses who understand the value of a solid small business accounting solution. It's easy to use and well-suited to those moving from a manual system or personal finance software, and who want accuracy and control so they can achieve better business results. For a smooth transition, Sage Peachtree Pro Accounting 2011 offers user-friendly tools with multiple Help options.
Sage Peachtree Pro Accounting 2011 enables fast start-up, check writing, invoicing, purchasing, bank reconciliation, item tracking, inventory, payroll*, purchase orders, sales orders, 80+ reports, and more. All first-time Sage Peachtree customers get 30 days of free support, 30 days of free online training*, and a no-risk, 60-day, money back guarantee, which guarantees satisfaction or refund of purchase price less any rebates paid. In the event you need a more robust solution to handle such needs as in-depth inventory, job costing, time & billing, or multi-user access, please consider Sage Peachtree Complete Accounting 2011 or Sage Peachtree Premium Accounting 2011.
Why Choose a Sage Peachtree Solution? If you view accounting as a tool that can help you make better decisions rather than just a necessary chore, Sage Peachtree is the perfect choice. Sage Peachtree is designed for people like you who are dedicated to getting the numbers right, so you can truly understand how your business is performing. Sage Peachtree is an easy-to-use solution based on real, double-entry accounting principles with module- or screen-level security, audit trails, and automatic accounting checks. You get the accuracy and control you need to improve results.
Sage Peachtree 2011 Product Family Feature Comparison Chart
Disclaimers (for table): 1. New customers receive 30 days of free on-line training upon signing up with Sage University. Must sign up within 6 months of product registration. 2. Requires Microsoft Outlook 2002, 2003 or 2007; Outlook Express 5 or 6; other MAPI compliant email programs. 3. Internet access required. Your bank may charge a fee to download statements. 4. Versions 2008 - 2010. Excludes conversion of QuickBooks individual payroll transactions. For additional information on conversion limitations, please visit www.peachtree.com/qb. 5. Compliant tax forms and tax tables require a subscription to Sage Peachtree Simple Payroll. For details see www.peachtreepayroll.com or call 877-231-3761. 6. The Internal Accounting Review is not intended to uncover all questionable transactions. Sage Software is not liable or responsible for any fines or penalties that may result from errors in your company accounting records. 7. Requires Microsoft Word 2002, 2003, or 2007. 8. Requires Microsoft Excel 2002, 2003, or 2007. 9. Includes Sage Exchange, which is certified to the Payment Card Industry Data Security Standards (PCI-DSS). Requires Internet access. 10. Subject to approval and to Sage terms of service. Additional fees, internet access and checking account required. 11. UPS functionality is subject to UPS terms and conditions. Internet access required. 12. Regulatory compliance requires paid subscription. Additional fees apply for more than 200 assets. 13. Retainage is available only in companies using accrual based accounting.
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