We will open Peach tree soft wear and see following window
If we are new then we click set up a new company. And if we are already on Peach tree then we
click on open an existing company.
Here we are new then we select the set up a new company.
By clicking on set up a new company we find the following new window
This window is new company setup- introduction window
Now read the entire wizard carefully. If u have
any trouble then click help for more information
If you understand the following wizard then click
the next>
When u click on next> then you find the following window new company setup- Company information
In this window you must provide information about
your company
This information is:
·
Company name
·
Address line
·
City. State. Zip
·
Country
·
Telephone
·
Fax
·
Business type
·
Web site
·
Email
When you provide the information then click on next>
When you click on next> you find the following window
The window is new
company setup- Chart of Accounts
Peach tree provides several methods for setting up your company
Select one of the following setup options
For
example: We select the first one after selecting the option
then select the next>
When you click on next> you find the following window
The window is new
company setup- Chart of Accounts
In this window we have available charts of accounts
In this window you can modified the accounts
according to your business need
Select the chart of account that most closely
describe your type of business
These are:
·
Retail company
·
Service company
·
Manufacturing company
·
Distributions company
For
Example: We select the first option Retail Company and click on next>
When you click on next> you find the following window
The window is new
company setup- Accounting method
Peach tree provides two accounting methods to run
your business
·
Accrual
·
Cash
Note
once you choose an accounting method it cannot be changed
When you select the one these method and click on Next>
When you click on next> you find the following window
The window is new
company setup- Posting Method
There are two
posting methods
·
Real time
·
Batch
Which posting method do you want your company to
use?
Select one method
For
Example: We chose the real
time and click on next>
When you click on next> you find the following window
The window is new
company setup- Accounting Period
Accounting periods are units of time that decides
your fiscal year for reporting purpose
Here are two options of Accounting periods
·
12 monthly accounting period
·
Accounting period that do not match
the calendar months
When we select one of the following here we select
the 12 monthly accounting periods
And click on next>
When you click on next> you find the following window
The window is new
company setup- Accounting periods
You have chosen monthly accounting periods.
Usually a company fiscal year begin in January and
ends in December
Select the monthly accounting period and click on next>
When you click on next> you find the following window
The window is new
company setup-Defaults
The followings details have been set up for you
read this carefully
When you read this then click on next>
When you click on next> you find the following window
The window is new
company setup-congratulations















