Stay Current and Informed

After opening the  peachtree   software ,the  following window will appear This is the introductory window of the software, there are multiple options but as we want to maintain chart of accounts we press the option “MAINTAIN”, and select the option of chart of accounts, then the following widow will appear That is the window of maintaining the chart of  accounts ,there  is several  options,first  off all we will enter the account  Id,description  and most  importantantly we choose the right  Account type.. after  completing these three things you have to save this by clicking on “save” button or by pressing “ Alt+s ” key.. when  you press  “save”  button,the  cursor automatically moves on the option of “Account  iD ”,it is also an indication that your entry is saved. After maintaining the complete chart of  accounts ,now  you can check your chart of accounts by clicking on search...

First of all when you open Peachtree software, by clicking o setup a new company, after that entering the company’s name, address, country name, telephone etc.…click on next. There is window, which will ask you about your chart of accounts. As we are setting up s new company we will select build your own company option, then select your accounting method, which is usually accrual basis. After that select your posting method. We are choosing the real method because we want transactions to be posted to ledger as they are entered and saved. After that we will choose our accounting period which is mostly 12 months, we are also choosing the option of 12 month accounting period. Then in the next screen you will be asked about monthly accounting period, which is the most important thing and you have to select the right months and year for it, otherwise your report will be ruined. There are three things, which you will be asked; 1) When do you want your first fiscal year start? 2) What is ...