how to set up a company in peach tree

-->

PEACH TREE ACCOUNTING SOFTWARE

HOW TO SET UPA NEW COMPANY

<When you will open the Peachtree software a window will appear.

From that window you will select the option according to your requirement.

<Following options will appear. If you want to set up a new company then you will click on the set up a new company option. Following window will appear.

To start working in Peachtree software it is necessary to fulfill this information. Otherwise you won’t be able to proceed further.

<You will press the next button in order to make a company in Peachtree.

<When you press the next button following window appears.

<You will fill the necessary information in the following window.

a)   Your company name.

b)   Addresses of your company

c)    Your city name. In case of Pakistan there will be no state and in place of zip code the postal code will be used.

d)   Then you will type your country name.

e)  You telephone and fax number in the respective columns.

f)    Business type consists of further options like sole proprietorship, partnership, co-operate business etc. In this way you will select your relevant option.

g) Then employee will give his/her information related to that company.

h)  In the website and e-mail address will be given.

i)     After providing required information next button will be press.

<After providing with the company’s information you will click the next option and following window will appear.

<Charts of accounts will appear. Now you have to select from the following options which suits best to your company’s requirement.

a)    The first option consists of five business types. It will provide the charts of accounts according to business in which you are dealing. For e.g. in case of retail business you will have to maintain inventory and such other functions.

b)   Other options consists of you can either choose the charts of accounts of any sample company, or can copy from the existing company.

c)  You can also convert the one accounting program to other.

d)   You can also build your own company char s of accounts.

<In case you select the first option following window will appear.

<After providing the following information you will click on next option and next window will appear which is as follow:

<As we all know types of accounting method are use.

a)    Accrual base

b)  Cash base

<Whichever method is being used by your company you will select that particular option and click on the next option.

<The next window which will appear is of accounting posting method. It consists of two types:

a)   Real Time

b)   Batch

<The company thinks which best fits to its requirement selects that option. Mostly company uses the real time posting method.

<These posting methods can be change at any time and click on the next option.

<The last window is of selecting the accounting period.

First you will select that on how much months your accounting period comprises of.

You can also have an accounting period which does not follow the calendar year.

After selecting the accounting period you will click on the next option and  following window will appear:

You will fill the relevant information in the upper window which comprises of the year of start of the accounting period and the month on which the transactions recorded will be entered.

When you will press the next button following window will appear:

<You will press the finish and your company will be form.