Customer Reviews

Peachtree Accounting 2003

5 star:		(1)
4 star:		(2)
3 star:		(0)
2 star:		(1)
1 star:		(0)

 

 

The product is great if you understand accounting principles. It's not for the faint hearted.

I bought a copy on eBay with the UPC removed for the rebate. Guess what. Peachtree registers the software to the person who sends in the rebate and WON'T transfer it to a new user.

I had to return it and buy it new.

Only an account could love this package. For the rest of us, who find double-entry bookkeeping a bit cryptic, Peachtree does not a bit to shield you from the sharp edges of General Journal Entry. You simply cannot use this program without a solid knowledge of debits and credits and what account flows to where. And while Intuit's marketing is a tad intrusive, Peachtree will charge you for EVERYTHING. Want to graph expenses? Buy the optional Crystal Reports for $200. Much of the clumsiness of the Peachtree interface transcends the requirement to know the details of accounting. If, for example, you wish to enter a Visa receipt from last Tuesday, which happens to be the end of last month, plan on a half a dozen clicks to change accounting periods back and forward again. Along with a couple of "are you sure you want to do this" popup screens. And reconciling now takes more than twice as long as it used to, at least in part because Peachtree will show you only three transactions at a time, and not let you edit transactions during the reconciliation process!

For accountants, this may well be the best small business package-I presume they need the powerhouse accounting features it offers. I shifted away from QuickBooks it lacked the inventory sub-assembly capability that Peachtree has. QuickBooks has since added that feature, and I look forward to converting back to that package. Overall, doing the books for my small business took about half the time with QuickBooks.

Well designed program, fairly easy to use. Helps to know more accounting than the average person, or to know someone that can help you through the accounting jargon.

I find this software very useful to run my small business and it tracks and alerts me about payable and receivable invoices due. This is my first accounting software I have started using. I have not used other accounting softwares to make a comparitive review.