Peachtree is an accounting bundle system that is utilise by many companies and is well recommended. It is mainly used for weeny businesses with under 50 employees. The software was first launched in 1977 and was ultimately sold to Sage Group in 1988 for 145 billion dollars who still owns and updates it today. Peachtree was the first business software introduced for microcomputers and the oldest microcomputer software program for businesses in current use, with the possible exception of the cowcatcher Microsoft Basic interpreters, also introduced in 1975 (Peachtree Accounting, 2011).
Peachtree can perform any the routine tasks an accountant needs to do on a daily basis. It reconciles accounts payable and receivables, creates financial statements and checks invoices, tracks banking transfers and payroll, imports and manipulates spreadsheets, and it also integrates scanned documents like checks, receipts, and invoices. This greenly eliminates all paper from the accounting process and makes it much easier to square up whats needed and fix things that need to be fixed.
Sage, the beau monde that makes Peachtree, makes industry specific versions of the Peachtree software to better suit its customers.
For example, it created a Peachtree Premium Accounting for Construction which is customized specifically for the needs of subcontractors, contractors and trading operations managers in the construction industry. Small construction companies and individual contractors two use construction industry-specific functions like job costing, fixed assets tracking, maturate guardianship and advanced budgeting to control costs, track expenses and organize billing (What Is Peachtree, 2011). There are also other industries Peachtree is specifically betrothed to in different versions.
When you start Peachtree you can create a company or go to one you have already setup. There are helpful hints and tutorials for beginners that will essentially locomote you through each step...If you want to get a wide-cut essay, order it on our website: Orderessay
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