Set up Of Company

Step 1:

After we start the peachtree we will have the following  screen

Step 2:

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

In this screen there are five steps . first step is company name and address . second step is chart of accounts . third step is what is your accounting method ? accrual or cash basis ? next step is posting method  . last but not the least is about accounting period .

Step 3:

In new company setup we can put the data for the company information . company name , address 1 , address 2 city , state , zip , country , telephone number , fax , business type , web site , email address after this we select next .

Step 4:

The new chart are formed that is chart of account in this several option are held and we can select the option build our own company and select the next .

Step 5:

And after this accounting method chart are formed in this there are two method of accounting are formed

•        accrual

•        cash

now we can select accrual account method and  select next .

Step 6:

The next option is posting accounting method in this two type of method are involved

·         real time

·         batch

we select real time in this the general ledger are entered for the purpose to using companies method

after  this we can select next the next stage is accounting period

Step 7:

Accounting period are the time in which u can be divided the fiscal year for the purpose of reporting .

Mostly companies are mostly used  12 monthly accounting period . so in this two option of accounting period we can select the 12 month accounting period .

After this we can select the next button and goes the next chart .

Step 8:

The  next chart is monthly accounting period

In this we can select the monthly accounting period after this peachtree will automatically set up your first two fiscal year .

Company fiscal year starts in January and ends in December .

In first option we can select the fiscal year to be start , and second select the date the first month you will be entering data , and third you will select the fiscal year of entering the payroll .

Step 9:

After this select next and goes other chart that is congratulations

you have completed the information for setup a peachtree accounting company and select the button finish and to close the wizard the company will be maintain for filling this information .