upgrade to premium

[David Palmer]

I have been using Peachtree Complete Accounting for several years, currently version 2007.

For the next fiscal year, beginning July 1, I am planning to upgrade to Peachtree Premium Accounting for Nonprofits 2008.

I am thinking that it might be best to start Premium fresh as a new company and re-enter a chart of accounts, custom reports, vendors, etc. I would prefer to transfer payroll data to maintain this year's history for w-2s.

Or would it be better to transfer everything in the upgrade, with a purge of old data either before or after the upgrade.

Suggestions from all you Peachtree experts would be appreciated.

David Palmer
CFO
New York City Rescue Mission

[TheWolf]

Upgrade the data, run the purge and see how things look. If it is not to your liking then you can restart the company based upon the settings of the old company. Deselect which settings you do not wish to copy. Then you can enter summary balances. In payroll beginning balances you could list the balances for each employee, by the week, month, quarter, etc.

[David Palmer]

Thanks Tom.

It sounds like I have both options available.

I will probably defer loading the 2008 upgrade until I read reports on this forum that there are no problems with it.

Dave

[Newburgh Associ]

My suggestion is to clean up your data - chart of accounts, vendors, etc. in the old company, then upgrade. You can make changes as needed in the new company. This will save you alot of time in re-entering data.

The one situation where I think starting fresh is better is if you have corrupted data. This happened in one of my companies. Run data verification to see if any errors are found, and review the error log. Peachtree will tell you the error has been fixed if there is one. Run data verification again to see if it really was fixed. If it wasn't, you will be importing your data errors into the new company if you simply upgrade.