Peachtree products are created by Sage Software, formerly known in the U.S. You may have noticed something new about our name. As it is, Peachtree Premium Accounting 2006 is still the best choice for larger, more complex, and product-heavy small businesses.1 Introducing the latest release of Peachtree small business accounting solutions. And Rapid Access Reports, accessible from transactions and record screens, are lists of the most commonly used reports for that venue.Ī bit more competence in navigation and analysis tools would tie Peachtree with-or put it ahead of-QuickBooks. Forms like quotes and invoices have been redesigned for a more professional look. The Internal Accounting Review reveals potential errors and suspicious activity. Online banking and bill-payment are back. Several other new capabilities add to Peachtree's considerable muscle. Customer and vendor detail and transaction-history rundowns build on that strength. But Peachtree's reports are voluminous and quite customizable. One of Peachtree's few weak links is its aging stable of analysis tools, including its too-simple cash and collection managers. You can also turn reports and financial statements into Adobe Acrobat files, and e-mail many document types. You can do a mail-merge for customer letters and export reports to Excel. Peachtree plays well with Microsoft Office. Company consolidation costs $2,500 from Intuit, but it's available in Peachtree's $500 entry. Peachtree's comprehensive inventory management puts it ahead of the pack, and a fixed-assets module is unusual in this software class. Time billing and jobs tracking are about as good as it gets in this space. Self-service payroll is comprehensive an add-on service takes the grunt work out of your hands. Transaction screens are similarly thorough, with extras like drop-shipping on invoices and the ability to convert quotes to sales orders, invoices, or proposals. Peachtree's customer and vendor, item, and employee record templates are about the most thorough in the business (with the exception of MYOB). Once you've entered your company information, transactions are a breeze. While these are effective tools, Peachtree's navigational system overall is dated, and not as quickly understandable as QuickBooks'. Informational tool Peachtree Today is a window that serves several functions: It's a setup guide, offers navigation aids, and gives a bird's-eye view of your company through charts and tables. Peachtree's setup tools help you specify preferences and create databases of customers and vendors, inventory items, and employees. Peachtree 2006 also includes online banking and bill-payment features, along with the new Internal Accounting Review and revamped forms. It's still one of the most capable small-business accounting programs, with a strong set of records, transaction forms, reports, inventory-management tools, and general business acumen. Peachtree Premium Accounting 2006 lacks a barnburner of a new tool, but offers more solid across-the-board improvements than last year's model. Peachtree Premium Accounting 2005 introduced a powerhouse new feature: company consolidation.
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