Converting data from peachtree to Quickbooks is a tough job but with some set of rules, it becomes easy to do so. As you know that you’ll have years of knowledge to convert from peachtree to Quickbooks is sort of tons but trust me you’ll roll in the hay on your own with no error and with no hassle. Read this post to the end to know all the methods that make the conversion process easy and doable. But first, it is important to require a glance at both Peachtree and Quickbooks to understand their functions and features.
What are Quickbooks And PeachTree?
QuickBooks Accounting Software
Quickbooks is an accounting software pack developed and marketed by the American software company Intuit. This software is exclusively made for little and medium-sized enterprises to make their accounting and book-keeping work easy. With the assistance of QuickBooks, the user can perform multiple tasks such as:
- Manages Payroll
- Manages Income and Expenses
- Track Financial health of the business
- Manage and pay bills
- Accept business payment
- Functional payroll, track business growth
- Set reminder for further payments
Peachtree Accounting Software
Peachtree accounting software is developed by Sage software for little and medium-sized enterprises now referred to as ‘Sage 50’. This software enables the comptroller and managers to finish some ultimate task that takes much time if it’s done by any human. There are some features that Peachtree software has:
- Track Bank transfer and Payroll
- Create financial statements
- Check Invoices
- Import and Edit Spreadsheet
- Accommodate indebtedness and Receivable
- Co-opts scanned cheques, receipts, and invoices
The paragraphs define both accounting software separately that clearly state that both software is sort of similar. But there are some more information which will assist you bent distinguish between both of them
The capability of QuickBooks
- Quickbook is simpler to use and more user-friendly.
- It has a Mac version that creates it more desirable
- It also has a cheaper online version
- It works on a Cloud-based interface
The capability of Peachtree
- It manages Inventories in LIFO, FIFO, Serialized manner
- It accommodates 40 users at a time
- It has GAP to see duplicates and suspicious entries
Both accounting software is that the most generally used accounting software worldwide. Peachtree is a tremendous software for book-keeping and accounting but despite that, you simply want to maneuver to Quickbooks for a better experience or there’s the other reason. Now that you simply switch your platform from Peachtree to Quickbooks and you would like to convert all of your data from Peachtree to Quickbooks. Read ahead to understand all procedures to try to do that cause this post has it all.
Now that you simply have ample knowledge about both accounting software. So, let’s move ahead to understand the way to convert Peachtree to Quickbooks? But before that, you’ve got to understand the system requirement for Peachtree to Quickbooks conversion. So, let’s explore it first.
What is the System Requirement For Peachtree to Quickbooks Conversion?
The conversion procedure of Peachtree to Quickbooks is usually performed by the Quickbooks Desktop Conversion Tool. This tool only converts Peachtree version 2013 or higher version and about the Quickbooks, it only supports Quickbooks Desktop Pro, Premier, and Enterprise 2016.
Below is the list of the needs that are required within the process of Converting Peachtree to Quickbooks.
- Microsoft .NET framework version 2.0.0
- 512 MB of RAM and a couple of .5 GB of Free disk drive
- Peachtree and Quickbooks Desktop should be installed on Windows 10 based system
Preparation Before Peachtree and QuickBooks Conversion
- You have to form sure that both software Quickbooks and Peachtree are installed on an equivalent device before the conversion
- The data folder and .exe files of both Quickbooks and Peachtree got to get on an area disk drive of the device for backing up company data and another backup.
How to Convert Peachtree to Quickbooks?
Follow the below steps to convert Peachtree to Quickbooks.
#1 Step: Backup the Data
The first step towards Peachtree to Quickbooks conversion is to copy your data to require a switch. You’ll choose this step while the conversion tool is functioning. If anything goes wrong then you’ll revert to a backup and build another copy of the info.
#2 Step: Name the Backup file
Type-in is appropriate for the file but confirms to write down a unique name that you simply can easily identify. The character limit of the name is 41 characters, don’t cross the bounds, and never repeat the name of the file to a different one. If you are doing so, QuickBooks will automatically add variety after the name to make a distinction between the files.
You May Also Read This: Convert Xero to QuickBooks: Easy & simple Conversion Tutorial
#3 Step: Visit Intuit and Register
Intuit, the developer of Quickbooks features a free conversion file on their website. you only got to visit the website and register yourself for the free tool that converts all the relevant data. The essential concept of the software is to permit the user to select up where he/she left off. Type altogether the relevant details within the box then hit the send button to register.
#4 Step: Download the Converter File
Now that you simply register yourself on the Intuit website you’re now eligible to download the file with a converter. This tool is about 30 MB and therefore the installation on a 3 Mbps connection makes it a two minutes process to download. After the downloading process completes, you’re required to press the Run button. After the install the conversion file on the device to initiate the Peachtree to Quickbooks Conversion.
#5 Step: Initiate Conversion through Converter
Now that you simply have the Quickbooks conversion tool, conduct it to convert the info from Peachtree to Quickbooks. This tool will walk you through the trail with a step-by-step process towards accomplishing it. you only need to navigate to the peachtree files then press the enter key to initiate the conversion process automatically.
#6 Step: Manually found out Company file information
Now that the info is transformed from the Peachtree to Quickbooks, given name it, Now it’s important to manually refill the corporate information details. First, you’ve got to open the Peachtree software on the device, choose the maintain option, then choose a corporation option then attend the corporate information, right-click thereon and choose the copy option, and replicate the knowledge from there. Now open Quickbooks choose the corporate then attend the corporate information option and paste the knowledge you copied from the peachtree.
#7 Step: Set-up the Basic Data
After the conversion of knowledge, it’s time to line up basic data as you had found out about your business earlier. you only need to navigate to the Edit tab then select the Preferences option there and set the essential data up.
Regarding all the above information, you’ll easily convert Peachtree to Quickbooks within the first place. It is often easy with this comprehensive guide because all the doable steps are written during this post alongside details.
However, converting the info from one software to a different one seems daunting but way easier than it sounds. If you’re feeling that you simply face some issues while doing it then you are advised to contact Quickbooks customer experts. they’re available 24X7 on a toll-free number so, be happy to call them and obtain assistance from them to accomplish this process with no more issue.