1/11/2013

Peachtree Complete Accounting 2002 Review

Peachtree Complete Accounting 2002
Average Reviews:

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I have a financial services company that includes bookkeeping and have used Quickbooks and Peachtree extensively. For the smallest businesses either product will do the job. However, Peachtree has in my opinion a much stronger product for the price. I have switched several customers from QuickBooks to Peachtree but never the other way. I am not surprised the person had conflicts with his network installation. I did find a few bugs with the newest version of Peachtree(mainly related to G/L reporting) and will watch closely to see how quickly they have updates. In the past they have been really good with updates, however, with new ownership I do caution what kind of tech support and "customer first" service you will receive. The person that wrote that its competition is NOT Quickbooks is mostly right. It is the OTHER product in the price range and the "best marketed" and will do the job for most mom and pop operations(though after seeing what people do in QB that have no bookkeeping skills you could be better off with using a paper system, believe me) Quickbooks is poorly designed and set up in comparison. I consider QB a PRO version of Quicken in its design and use of "registers". Peachtree is much more powerful and offers alot more to people that want to expand there accounting system in the future. However, both programs slow down considerably over the network when your company size gets very large(Over 20 MB etc.). Another Caveat is Complete accounting is not compatible with the other 2002 versions. I have some clients that don't need the extra features and network compatibility BUT I set up there books on my Peachtree, backed it up and brought it to them to restore and WAS INCOMPATIBLE. Not sure if that effects anyone else but just a mention. Overall it is comparable to the features you find in products I've seen bought for $10,000+++. The only thing you really get for the extra thousands is the ability to handle more than 5 workstations and better database management. Also learning Crystal Reports can take some time but with it you can do anything with Peachtree as to reporting. By far best value in the price range.

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Packed with powerful, network-ready accounting features, Peachtree Complete Accounting helps provide the valuable insight necessary to better manage your accounting, Internet presence, and overall business. Just minutes after installing Peachtree, helpful features such as navigation aids, wizards, and an online tutorial make it easy for you to hit the ground running. To makeyour startup even faster, you can choose from among 75 examples the companyprofile that most closely resembles your own, and your books are instantlycustomized to fit your business. There are also plenty of onlinetutorials.
Access your Peachtree data from both your desktop and the Internet usingPeachtree Web Accounting. You and your off-site personnel can quickly andsecurely view key desktop accounting data and perform daily tasks such asentering transactions and running reports, all from the Internet. Accountants and financial advisers can view your financial data directly from their office;remote personnel can access customer records and enter quotes and invoices;and business owners can view and print reports from home--all by securelyaccessing desktop-based Peachtree data via the Internet.
Record and report on any changes made to your transactions; turn thisfeature on and off as needed, and control who has access to do so. Whencoupled with Peachtree's password security, you can monitor each employee'sactivity within a company data file, including who made changes and where.Ensure bottom-line profitability with flexible, user-defined, formula-basedpricing calculations--such as basing a price level on a percentage aboveaverage cost--and store them for use across all your inventory items. Also,there are now 10 item price levels and the ability to custom-name eachprice level, which show on reports and data entry windows. If you havemore in-depth time and billing needs, Timeslips, the top-selling timebilling software, helps professionals in service-oriented industries savetime and increase revenues. A powerful yet flexible tool, Timeslips Expressfor Peachtree provides variable billing rates, custom templates for dataentry, and more.

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