Peachtree Accounting Year End Close
One of the greatest problems, with the fiscal close procedure is after the close
is completed there may be transactions missing. The sad part is that while
Peachtree is closing it does not give you any error messages or warnings. It just
continues on, working away.
It is very important to review your data after closing the fiscal year.
This should involve:
Generating financial statements and comparing them to old existing ones.
Review transactions reports and totals from prior months, again comparing the to
old existing reports.
Running Data Verification and checking the error log file.
Newer versions of Peachtree force you to backup prior to closing your fiscal year.
Make sure you keep this backup in a safe place and change the filename to something that you will be able to recognize at a later date. The
file is very useful
of you discover errors, missing data or wish to review old transactions from prior
If you are experiencing problems with you data after your fiscal close, or you are
unable to close your fiscal year you will need to have your data repaired.
Do not attempt to repair the data yourself; this will only cause greater transaction loss and problems
in the future. Also if you realize that transactions are
missing but have enter transactions into the new year, DataSoft my merge these two
View our Data Service Area