Set up a new company                    

We start a new company. window of peachtree.by this window we start a new compny.we    

click the button set a new company.

 

After we open a set up a new company we click next and open this window.This window is provide a large information about company set up like about your company name address,chart of accounts,your accounting period,your posting method, and your accounting method etc…

This window is very information.After previous window we click the button on next and open this window.in this window we write the company name address phone # city, code, zip , web side , e.mail ,business type etc…

Again by clicking you can choose amoung several method to set up a chart of accounts.Here you can choose chart of accounts to developed by the software of many sample companies,or you can copy chart of accounts of existing paechtree company or another accounting software….

The next set up will be choose accounting method.There are two accounting method cash and Accrual.Accrual method is usually followed when we accrue expenses and income.

Next phase will be choose the posting method.By selecting the real time posting method the transaction are posted to the general ledger as they are entered and saved.

This is the next phase u have to select the accounting periods.Normal accounting period is 12 months accounting periods.

In the next step,you have to choose the month when the accounting period will be start the when first time the transaction will recorded.