Set up of a company
First of all
we go to peachtree softwear then following window will appear and then click on
“set of new company”.
After click
on set up of new company then following introductory window will appear which
guid you rest of company.
after click on next then you have to type company information like telephone;address etc…
Again by
clicking you can among several methods to setup charts of accounts now you can
build your own company’s charts of account.
The next
step to chose accounting method.There are two methods of accounting method:
v Cash Base Method
v Accrual Base Mathod
We use
Accural base method which is very usefull.
The next
step will be to chose the Posting Method.we selecting the real time posting
method the transaction are posted to the General Ledger.
Next you have
to select accounting period. Normal
accounting method as 12 months accounting period.
In the next
step you have to chose the month when the accounting period will start and the
month when the first time transaction will record.
By clicking next “congredulation” screen appear and byclick on finsh you complete your process of setup of company








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