Peachtree accounting software:
when you will open the peachtree accounting software this page will appear



If you setting up a new company then you have to select  the second option of set up a new company
when you explore a sample company you have to choose 4^th option. If you want to learn about peachtree accounting through an online tutorial u choose third option. Here, we select the seta new company and after that click the next button.


 

After clicking the next option companies  information  page will appear. the welcome page of new company setup will open where you will ask 5things
 1.you companies  name and address
 2.your chart of account
3.your accounting method
4.your posting method
5.your accounting periods.
        When this page will appear you simply choose the next option.





In this page the software ask you about the company information in which:
1.company name.
2. addresses.
3. city.
4. country name.
5. telephone and fax number.
6. website
7. email address.
 8.business type if your  business is corporate then you choose corporation, if partnership then you choose partnership.
9.federal employer id.
10.state employer id.
 Here we ignore the three options first is federal employee id, state and unemployment id. After completing all the block click the next option.



After click the next option the chart of accounts page will appear  . Here peachtree  provides several method to setting up your company you have to select one option from the. If you setup a new retail, service. Construction, manufacturing or distribution  company using a simplified chart of account then you select 1^st option. If you setup a new company using an extensive chart of accounts fron one of many sample companies then choose 2^nd option. If you build your own company then select last optio n here we select 1^st option & then click the next option



After click the next option the accounting method page will appear. Peachtree  provides two accounting   method to run your business ACCRUAL OR CASH . Here we choose accrual method.
 

After clicking next option the posting method page will appear. There are two methods Peachtree accounting can use to process transactions
1, real time
2. Batch time
 we choose real time method because the transactions are posted to the General ledger most of the companies use this method now click the next option.

After click the next option the accounting period page will appear. In peachtree accounting, you can divide the fiscal year into as many as 13 periods. But most of the   company use monthly accounting period which is 12 months. Here we choose the option of12 monthly accounting periods & then click the next option.



After clicking the next option the monthly accounting period  page will appear. Here peachtree will automatically setup your   first two fiscal year based on the information provides   below:
1.we select our first year star from January and the year is 2013.
2. The first month for entering the data is march and year is 2013.
3. The first year of entering payroll is 2013.
After given all the information click the next button.



After select the next option the default page will appear. We can change these settings at any time by selecting default information from peachtree accounting’s maintain menu. You can change the vendor   information, customer information, inventory costing information. Click the next option.

After given all the required information now the congratulation page will appear it means you done will all the requirements . T hen select the finish option now your information will saved.