set up a new company.

Set up anew company

Open a new software peach tree

Click on a set up a new company to establishing a new company to create a new company we click on a s

This Ia a company introduction in which tells about the following proceeds. After this we click on the next option and make a company.

After  filling the company information , we choosing the  charts of account. Peachtree provides  a several method for set up a new company following are :

Set up a new company or using simplified charts of account.

Copy setting from an existing peach tree company.

Convert a company from another accounting program.

Build your own company.

We   are using the option build your own company.

After selecting the charts of accounts. We are choosing the accounting method and we are using the accrual method.

After selecting the accounting method we are choosing the posting method, we choose  the real time method.

After all this we are selecting the accounting period. And we select the  12 month time period.

After the accounting period we selecting the monthly accounting period.

After selecting the monthly accounting period we click on the next and   we will make a new company.

      How to maintain a chart of accounts.

Firstly we open Peach tree software then we click on maintain file and open a file charts of account.

From the above window we select charts of account.

In this option we enter three things.

Ø Account ID

Ø Description

Ø Account type.

From the above chart of account window we added the above three things, by the word file named “SIMPLE CHARTS OF ACCOUNT”.

Enter the code in the address id as 105

Enter the description as cash in bank.

Select the account type as cash.

If you posting a wrong account then we click on magnifier and select the option which we posted wrong. 

Like that.

After that if we change the id  first we select the option change id.