peachtree-software peachtree complete accounting 7.0 Anleitung Für Quick Setup

Peachtree cannot convert group items: those items that contain a 
combination of other items. In QuickBooks, group items can contain 
inventory and non-inventory item components, which is not possible in 
Peachtree. You can create assemblies in Peachtree, which contain only 
inventory components.

For more information on setting up an assembly item, refer to the 
“Inventory” chapter of the Peachtree Accounting User’s Guide. 

Peachtree requires that you set up three default G/L accounts for each 
inventory item. These include a default sales account, inventory account, and 
cost of sales account. QuickBooks allows for subaccounts. If a parent account 
and subaccount are selected (PARENT:SUBACCOUNT) as a QuickBooks 
default, the subaccount is used as Peachtree’s G/L account default.

Peachtree Accounting has three different types of cost methods for inventory:

Average Cost 

LIFO (last in, first out)

FIFO (first in, first out)

Generally, all inventory items need to use the same costing method. Check 
with your accountant if you are unsure as to which costing method to use.

QuickBooks uses only one costing method-Weighted Average. All 
QuickBooks inventory parts are converted to Peachtree Accounting as stock 
items using the costing method selected during the conversion process. For 
more information about costing methods, refer to the “Inventory” chapter of 
the Peachtree Accounting User’s Guide.

You cannot change a costing method once a stock item is converted and set 
up in Peachtree Accounting. If you want to change costing methods, you must 
set up a new inventory item. 

Note