New company setup:

First of all open the Peachtree software from the computer to setup new company and this will be opened in this form

                                 

After this we will click on setup a new company and the window will open in this form

In this window the following five things are asked like company name, chart of accounts, accounting method, posting method and accounting periods after this we will click on next button to continue and this type of window will open

In this table following things are asked in company name we will write the name of the company in address we will write the address where the company is located in forth space we will write the name of the city and the zip code in country space we will write the name of the country next telephone and fax number etc.After this we will click next button and this type of window will open

This window show the charts of accounts and following five  things are asked as shown in table and we will click on build your on company and click on next

In this table we have been asked for two things and we will chose one option and click next

This type of window will open and we will select one option out of them and press next

This type of window will open and we will select on option out of them and press next button

We will fill this table and press next button

And this type of window will appear and we will press the finish button

At the top left corner of this window your company name will be shown. And this will be our last step in producing a new company

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

In this window we will click on chart of accounts button and the window that will open is shown below.

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 accounts

 

To delete wrong deta 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 the window that will appear is shown below.

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