Trying to set up Simple IRA instead of 401K

[bbot]

Our business switched from Quickbooks to Peachtree Complete beginning 2002. We are a very small business and provide a Simple IRA retirement plan for our employees. However, with Peachtree, we can only set up a 401k. Does anyone know a solution for getting rid of the 401K and setting up the Simple IRA?

Please help if you can.........

[bluegal]

We use this payroll formula for an employer contribution to a SEP-IRA (using a 15% contribution rate):
SEP ER 02

ANSWER=-ADJUSTED_GROSS*.15