peachtree-software peachtree complete accounting 7.0 빠른 설정 가이드

Important Note: This section does not apply to users upgrading from 
Peachtree Accounting Release 3.5 or higher.

Peachtree Complete Accounting Release 7 has a new, date-based system of 
inventory costing. This could cause slight differences in inventory-related 
general ledger accounts from previous periods, as reflected on previous-
period reports and financial statements.

During conversion, we save any differences in inventory-related general 
ledger accounts for each accounting period. You can choose to create general 
ledger entries in each period that will adjust for these differences (if any). That 
means the information on previous-period financial statements won’t 
change. 

Whether you create the entries or not, Peachtree does not change inventory 
information for previously closed fiscal years. In general, we recommend that 
you do create these general ledger entries. You can always delete the entries 
later.

If you have used pre-conversion account balances to prepare 
financial statements that you distributed to any outside parties. 

If you have used pre-conversion account balances to prepare income 
tax returns.

If you have not distributed Financial Statements to outside parties, 
and...

…You have not prepared income tax returns based on pre-
conversion account balances.

If you do create these entries, you can view them through Tasks, General 
Journal Entry, by clicking the Edit button. They are dated the last day of the 
period, with a Reference of Conversion and a Description of Inventory 
Conversion Adjustment.

Also, if you do create these entries, be aware that the ending value of your 
Inventory Valuation Report may no longer match your ending value in your 
Inventory General Ledger Account balance. This is because General Journal 
entries are posted directly to the general ledger but do not update your 
inventory ledger.