Setup of company

Setup Of Company

First of all we click on icon of Peachtree to run the software after that there will be the following screen

As we want to setup a new company we will click on the option of ``setup a new company “the following screen will appear

This is an introductory screen, which will guide you about the rest of the process. At that screen you will be click on next icon. Then the following screen will appear

At that screen you will be asked about your company’s name, address, country, telephone etc. After completing the information click on next, then the following screen will appear

That screen is about chart of accounts. This software gives you several methods for setting up your company. So as we setting up a new company we will choose “build your own company”, and click next, the following screen will appear

At that screen you will be asked about your accounting method. We will choose accrual method because mostly this method is used, and click on next.

At that screen you will be asked about your posting method. There will be two methods given you can choose any one of these. We are choosing the real time because we want transactions to be posted to ledger as they are entered and saved. After choosing the option click next, the following screen will appear

At that screen you will be asked about your accounting period. Select the option, which will suit you better. We are selecting 12 months accounting period and then click next, the following screen will appear

At that screen you will have to choose your fiscal year, first month of entering data and what is the first year you will be entering payroll. After entering the information click on next, the following screen will appear

That will be the finishing screen that tells us that we have completed the required information. Click on finish and the following screen will appear

That is a welcome screen, which tells us that now we can start our work on this software..