How to safely close the year in Peachtree Accounting

For our clients using Peachtree Accounting:

If you own one of the Premium versions of Peachtree Accounting, you’ll get the following screen during the year-end close at period 24.

Close year-end in Peachtree

Check this before closing

 

By checking the Archive Company box, you’ll cause the system to create an extra company and preserve the ability to view all reports of prior year data.