peachtree-software peachtree complete accounting 7.0 Guía De Instalación Rápida
Importing Quicken Data
What to Do After Importing
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Balancing Transactions
In Peachtree Accounting, transactions must be balanced with debits and
credits. This is not required in Quicken. Because of this difference, it may be
necessary for the import program to create balancing transactions (debits
equal credits) from sometimes one-sided Quicken transactions.
credits. This is not required in Quicken. Because of this difference, it may be
necessary for the import program to create balancing transactions (debits
equal credits) from sometimes one-sided Quicken transactions.
For example, in Quicken it is possible to write a check without assigning a
category. In Quicken for Windows, the transaction is unassigned everywhere
except on the Balance Sheet where it is assigned to a category called Equity. In
Peachtree Accounting, this transaction is considered unbalanced. For this
transaction, the import program will import the check, which becomes a
credit to the bank account. It will also create a balancing debit transaction in
the equity/retained earnings account, thus balancing the transaction.
category. In Quicken for Windows, the transaction is unassigned everywhere
except on the Balance Sheet where it is assigned to a category called Equity. In
Peachtree Accounting, this transaction is considered unbalanced. For this
transaction, the import program will import the check, which becomes a
credit to the bank account. It will also create a balancing debit transaction in
the equity/retained earnings account, thus balancing the transaction.
What to Do After Importing
When the import process is complete, you still have some setup work to do.
Specifically, you must:
Specifically, you must:
•
Set up the necessary accounts in your chart of accounts
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Set up sales tax information
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Identify unnumbered payment transactions
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Post transactions
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Check the results
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Optionally, change to real-time posting
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Get to know Peachtree Accounting