IRS targets Quickbooks and Peachtree users and makes outrageous demands!

scrrenshot of quickbooks

We’ve known for some time of the IRS’ stated intent to educate at least one member of every audit team with advanced knowledge of Quickbooks and Peachtree Accounting. Given that these two programs have over 80% of the small business software market, one could understand this goal. The unsettling news is that IRS intends to…

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Another Peachtree tip for year-end accounting

When moving to the beginning of your tax year in Peachtree Accounting, be sure to adjust for the new state unemployment rate. This will insure the accuracy of Peachtree’s calculation of the amount you’ll pay at the end of the first quarter.  

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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.   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…

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