PC World Reviews New Version of Peachtree

Peachtree's Complete Accounting 2002 program is now in its testing phase and the staff at PC World Magazine has some nice things to say about the program.

The most highly-touted feature is an expansion of the multi-pricing component which enables the user to assign up to 10 prices to each item that is for sale. Prices can be fixed or calculated based on a percentage of the cost. This feature is recommended for businesses that offer the same item to different customers for different prices.

For example, a company that offers several different pricing options to various customers based on such factors as the volume of sales, geographic location, seasonal variances, and holiday sales, can set up the sales item with all possible prices attached, then it is a simple matter to choose the appropriate price when the sale is recorded.

Another feature mentioned in the PC World review is a new e-mail alert system that causes an e-mail message to be dispatched when a certain situation occurs. The example given is when inventory reaches a certain level, an e-mail message indicating it is time to reorder can be sent to the purchasing department.

The Peachtree program is compared favorably to market leader QuickBooks, which will begin its own beta testing for the 2002 version later this month.

You may like these other stories...

If you're thinking that bitcoin and digital currency generally are merely some one-off flash in the pan, the new Digital Currency Council would argue otherwise. The council launched in September and already had 400...
Sponsored Content from Confirmation.com: AccountingWEB takes a look at confirmations in audit engagements, how they can serve as a doorway to fraud, and what you can do about it. Today, auditors have to fight fire with...
If your small-business clients are on the fence about cloud accounting, they've got plenty of company. A recent survey by market researcher and consultant Software Advice indicates a decidedly mixed view by respondents...

Already a member? log in here.

Upcoming CPE Webinars

Oct 21Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style.
Oct 22This webinar will include discussions of important issues in AU-C 800, Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks.
Oct 23Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.
Oct 30Many Excel users have a love-hate relationship with workbook links.