A Review of

Peachtree Complete Accounting
By J. Carlton Collins, CPA

New Features of  Peachtree Accounting 2004

Each version of Peachtree Complete Accounting provides enhancements. Peachtree Complete Accounting 2004 provides the following new feature items:

Productivity Enhancements in Peachtree Accounting 2004

E-mail Forms
E-mail quotes, invoices, sales orders, receipts, credit memos, purchase orders and customer statements directly using Microsoft Outlook, Outlook Express and other MAPI compliant email products.

Globally Change Employee IDs
An employee name change can be made at any point in the system and it is updated automatically through out the system.

Automatic Spell Check
Spell Check functionality works like Microsoft Word. New words can be added to the dictionary and entire dictionaries can be added.

Quick Entry Account Register
New account register format similar to a checkbook register with drill down ability for more detail.

Improved Purging
More flexibility to get rid of unwanted items from closed years which will increase program performance. Also ability to stop in the middle of a purge and restart later.

AR/AP Credit Memos
Separate screen for credit memos and also a field on the credit memos for RMA numbers. It is no longer necessary to enter a negative transaction to issue a credit memo .

Drill-down on Receipts and Payments
Invoice drill down details available from the Receipts or Payment screens.

Drop-down Toolbar Icons
This feature allows the user to get to the functions used most often from the transaction screens with added Toolbar Icons.

Globally Change Chart of Account IDs
When a chart of account id is changed once, all transactions are updated automatically.

Next/Back Buttons
Next and Back Buttons improve navigation on Maintenance and Task screens.

Customizable Task Toolbar
Allows you to customize your tool bar so the items you do most often are only a click away.

Drill-down on Financial Statements
Click on line items to view the details of a financial statement line item.

Streamlined Forms Printing
Select printer, form and number of copies from one screen

Fast Add of Customers, Vendors, Employees
Transaction screen adds new customers, vendor or employee ids.

Enhanced Item Pricing
Ability to set up 10 price levels for products, calculate sales prices at global or individual levels and name price level functions.

Conversion Wizard and Year-End Wizard
Wizard converts old data to Peachtree 2004. Year-End Wizard guides you through steps needed to close payroll and fiscal year end.

Feature Enhancements in Peachtree Accounting 2004

Improved Report Range Filtering
Run reports for non-contiguous range of IDs.

Daily Register Report
Shows a summary of transactions on a day and ability to drill down to the associated detailed report.

Purchase Description on Check Stubs
Ability to list invoice line item detail on check stubs.

1099 Improvements
Ability to distinguish between 1099 payments and reimbursable expenses for temporary or contract employees to avoid having to issue separate checks for these items.

E-mail Alerts
E-mail Alerts on items you wish to be notified about.

"Out of Stock" Warning on Sales Orders

Print Sales Receipts and Deposit Tickets
Ability to print receipts for cash, credit card sales, and print deposit tickets for bank deposits.

Calculates Quantity Available
Includes item quantity available on  orders when issuing "out of stock" warnings on sales orders and sales invoices.

Improved Account Reconciliation
Improvements include ability to see more lines of information by stretching window, sort columns, print reports from screen, and drill down to original transaction.

Sales Order Ship By Date Enhancements
Ability to quickly identify when an order needs to be shipped. Also ability to cross reference sales orders and invoices on reports.

Customer Statement Enhancements
Option to print detailed invoice and receipt information on statements. Also can point out outstanding balances by adding invoice-specific notes to statements.

New Inventory Fields
SKU field stores bar code information and prints it on repots and forms. Buyer ID Field give the ability to associate an inventory item with a specific employee or sales representative.

Sales Tax Enhancements
Ability to incorporate unique sales tax variations imposed by certain states.

GL Report Enhancements
Period Subtotals can be removed from reports and account headings appear on multi-page reports.

Peachtree Premium Accounting 2004 Includes the Following Additional Features:

Company Consolidation Wizard
Consolidates financial reports for more than one company or division.

Advanced budgeting
Track three year budgets; increase or decrease by amounts or percentages.

Track Detailed Employee Compensation History
Shows raise date, percentage raise, new salary and compensation history for any employee.

Crystal Reports 9.0 for Peachtree Included

Multi-User version
No more than 5 concurrent users

Peachtree Web Accounting Free for Six Months
Remote access available for six month trial period.

 

 

 

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Contact the Editor - J. Carlton Collins, CPA

 

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