setup of a new company

Setup of a new company in Peachtree to start the software you will find the following screens.

From the above screen we will have the following options.

1)      open an existing company 

If we will have our company registered then we will select this option to open our existing company.

2)      Set up a new company:

We will choose this option if we are willing to set a new company to treat our company accounts.

3)      Learn about Peachtree accounting through an online tutorial:

If we face any problem then we can take help from online tutorial to get started.

4)       Explore a sample company

If we want to check that how companies work in Peachtree accounting software then we explore any sample company.

5)      Convert from a quick book or one write plus company:

If we want to convert our company record from quick book so we will choose this option.

6)      Close this window:

If we are not required all this option so we will click on closes the window and go back,

“While setting up a new company we will go to   SET UP A NEW COMPANY”.

In this wizard we will have

1) Your company name and address

2) Your charts of account

3) Your accounting method

4) Your posting method

5) Your accounting period

We will click on next and go further.

               

In this wizard we will fill the information of our company, as

Company name,                                               business type

Address line one 1, 2                                        federal employment id

City, state, zip                                                     state employment id                                                       

Country                                                                 state UN employment id

Telephone                                                             web site

Fax                                                                            email

We will fill all these information and click next.

When we select SET UP A RETAIL,SERVICE,CONSTARACTION,MANUFACTURING,OR DISTRIBUTION USING A SIMPLIFEID CHARTS OF ACCOUNTS we have different companies and their charts of accounts so we can select the suitable charts of account.

When we select SET UP A NEW COMPONY USING AN EXTENSIVE CHARTS OF ACCOUNTS FOR ONE OF MANY SAMPLE COMPONIES we have different sample companies to copy a chart of accounts.

When we select COPY SETTINGS FROM AN EXISTING PEECHTREE ACCOUNTING SOFTWARE, through this option we can select charts of accounts which are already in our Peachtree software.

When we select t CONVERT A COMPANY FROM ANOTHER ACCOUNTING PROGRAM, we can copy charts of accounts from accounting software.

When we select BUILD YOUR OWN COMPONY, if we want to make our own charts of account.

In this wizard we have two options as cash and accrual.

Accrual is recorded when accounting transaction took place

And cash is a system recorded when cash is received or paid.

So we will click on one option and go next.                                                                       

Posting window wizard ask u about the posting method ,real time transactions are posted to the general lagder as they are entered and saved and batch is transaction saved by the program and then posted in the group.we will choose real time posting method as it is continent to us and click next.

Accounting period window ask about is 12 month accounting period is convinent to you or accounting period that do not match the calendar months.we will choose 12 months accounting period.and click next.

Monthly accounting periods ask about the months from which the transactions take place, we will select from January to February

.

This window wizard congratulate on becoming a company on Peachtree as it will help a lot to a company.