Accounting with Peachtree I/II ACC 175/176

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Accounting with Peachtree I/IIACC 175/176

• Prof. Jack Neymark
• Carol Yacht, Author

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Accounting software is on every desktop
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What software does business use?

• Microsoft Office Suite
• Word
• Excel
• Outlook, PowerPoint, Publisher, Access
• Internet Explorer
• Accounting Peachtree, Quicken, QuickBooks,
  Microsoft Business Solutions-Great Plains, MAS90
• Peachtree Software
• http//www.peachtree.com

Carol Yacht, Author
Accounting Excellence

January 2006
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Accounting Software Market

• Entry-level software Sales up to 5 million 20
  employees 5 million companies. (PT/QB)
• Small to medium business software Sales up to
  100 million 100 employees 516,000 companies.
  (PT/QB/GP)
• Small to medium enterprise software Revenues up
  to 500 million 500 employees 84,000 companies.
  (GP/MAS90)
• Enterprise resource planning software Revenues
  500 million 500 employees 17,000 companies.
  (SAP Oracle Peoplesoft)

A Strategy for Finding the Right Accounting
Software, Journal of Accountancy, September 2003
www.aicpa.org/pubs/jofa/sep2003/johnston.htm
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Accounting Courses
Financial
Excel
Publisher Designed Peachtree QuickBooks
Computer Accounting
Managerial
Peachtree Great Plains
Excel
Accounting Information Systems
Intermediate
Great Plains
Access
Cost
Great Plains
Access
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• Form-based-- source-document screens for data
  entry e.g., purchase orders sales orders
  checks.
• Cash transactions and bank reconciliation.
• Customer and Vendor transactions .
• Numerous reports including financial statements.
• Payroll accounting option (fee-based service).

Accounting Excellence
January 2006
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Peachtree/QuickBooks Pros Cons

• Peachtree reinforces accounting procedures.
• QuickBooks does not follow the debit/credit
  paradigm.
• Peachtree is double-entry accounting.
• QuickBooks is single-entry.
• Peachtree organizes records by monthly accounting
  periods.
• QuickBooks has one set of data for the entire
  year.
• Peachtree is free to schools.
• QuickBooks is purchased by schools.
• Peachtree prepares students for enterprise
  software use.

Carol Yacht, Author
Accounting Excellence

January 2006
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General Ledger Software Design
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_____________________________________________ Car
ol Yacht, Author
Accounting Excellence

January 2006
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General Ledger System
Carol Yacht, Author
Accounting Excellence

January 2006
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QB Peachtree Microsoft Small Business
Accounting Software Comparison
Carol Yacht, Author
Accounting Excellence

January 2006
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QB Peachtree SBA Software Comparison
Carol Yacht, Author
Accounting Excellence

January 2006
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QB Peachtree SBA Software comparison
http//www.microsoft.com/office/accounting/prodinf
o/quickcompare.mspx
Carol Yacht, Author
Accounting Excellence

January 2006
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Peachtree QuickBooks Great Plains CD version
__________________________________________________
_____________________________________________ Car
ol Yacht, Author
Accounting Excellence

January 2006
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Web-Delivered Accounting Software
__________________________________________________
_____________________________________________ Car
ol Yacht, Author
Accounting Excellence

January 2006
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Questions? Contact Jack Neymarkjneymark_at_oakton.e
du847-998-4688