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Author: PhotoPhool Three stars, 500 posts Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Lifo/Fifo/Avg. Cost Method Date: 9/24/1999 3:35 PM
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Dear KentonKelly,

I'm about to change my small business accounting off of Great Plains accounting to either Quickbooks or Peachtree for our backroom account. (Posting small batches to the General Ledger is a pain for a very small business and I had to upgrade for Y2K anyway, so it seemed a good time to switch.)

I'm trying out trial versions of each. You mentioned in a Motley Fool tax strategies post a few months back that you use both Quickbooks and Peachtree.

I understand debits and credits and do the company taxes myself. I have a single location 1-hour photo lab. We only have six employees on the payroll and have a seperate Point of Sale system that handles all the accounts receivable and inventory tasks.

For me, it's a one-shot decision I'll have to live with for a long while. The costs of the new program pale compared to the hours I'll spend using it over the next decade.

If you don't mind me asking, which accounting package would you prefer for a store with my situation?

Gary the PhotoPhool


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