You should verify that the identification code does not already exist in Peachtree otherwise you may accidentally alter another formula.
Peachtree helps you check this by displaying a drop down list of existing formulas and highlights the first formula starting with the identification code you enter as you type.
In the example below, an amount of tax is to be calculated using a Peachtree identifier, a multiplication sign and a constant of 0.15 (being 15%).
In addition, the right side of the equation starts with a minus sign (-) to show that the answer is a deduction from the payroll.
You’ve empowered us to stay with our same version Peachtree 2011. It was truly a pleasure and I can't thank you enough! Keith (from UT) 1-18-12 Thanks for being so nice and helpful!