Charts of account process

First of all we will open the window of Peachtree and the window that appear will be

                  

After this window we will open the existing company

                

And this type of window will open and we will click on browse button and select our company

              

And we will select our company and click ok

            

               

This type of window will open. On the top left menus there will be an option of maintain we will click on this option following option will appear and we will select chart of accounts option

This type of window will open there and there will be

Account ID

Description

Account types

In account ‘’ID’’ we will write the ID of the account and press ‘’TAB’’ button the curser will move from account ID to Description in this title we will write the description of the account after this we will press the TAB button again and the curser will move to the account types and here we will write the type of the account.

Corrections in recorded chars of accounts:

There may be a chance that you have enter wrong data there may be an error of account ID, description or accounts type then we will click on look button

                                                                                     

After clicking on look button we will select the wrong data and press delete if we wanted to delete it.

And this type of window will open and we will delete the selected item. one thing should be kept in mind that that item should not be recorded two times

After clicking on delete button this type of window will open and we will select the YES or NO option

One thing should be kept in mind while entering the charts of accounts there should be an equity account