I spent a couple of hours yesterday reading and researching a pending project to convert from Peachtree to QuickBooks Pro. The Habitat for Humanity affiliate I have been volunteering for has been using Peachtree for many years but really doesn't have much accumulated knowlege on using it. I have been recommeding that they convert because:
- They do not have much accumulated knowlege in Peachtree so they aren't losing much if they convert.
- QuickBooks Pro is the accounting package HFHI recommends and has published several documents to help affiliates use it correctly and efficiently.
- I have been using QuickBooks Pro for about five years and am very familar with it. I believe I can convert their files with a minimum of fuss.
After reviewing the present chart of accounts and the recommended HFHI financial policies, I suspect that this affiliate is not using Peachtree effectively to collect the information needed for the annual tax return(Form 990) and the various managerial reports. I suspect they use Excel and hand calculations to work around this problem. They will probably get a lot of administrative and some managerial relief by moving to the recommended chart of accounts and letting QuickBooks extract and organize the information.