How We Made a Chart of Account on Peachtree

Chart of account is an account in which assets, liabilities, equity, revenue and expenses explain in detail. Every company made its own chart of accounts according to its requirement. Now will learn how to made chart of accounts on Peachtree.

We click on maintain and select chart of account option. The following window will open.

By clicking chart of account the following window will open.

In first option we write Account ID. We use it because it is an easy access to reach on any description. It is created by the company and it is different company to company. It is the ID that a company used.

The second option is “Description”. Than we will write description about the account. The description can be cash in bank, account receivable, inventory, equipment, land, building, depreciation, and any kind of expense like rent, insurance.

Through tab button we will move to account type. There are different account types like cash, fixed assets, liabilities, expenses etc.

If we will not make retained earning account in chart of account the profits of the company have to go some where and for that purpose it is important to make retained earnings chart of account.

If we want to correct or delete description or account type than we click on magnified glass

The following window will open:

We select any description or account type which we want to delete or correct. If we want to change the ID than we will select any description and then there will be a option of “Change ID”. And from there we can change the ID.

Than we will click on Beginning Balances button and following window will open:

We will choose a required year. Like if our balance starts from 1-1-2010 than we will take option of “from 12-1-09 through 12-31-09”.

After selecting required year we will enter the amounts in chart of accounts. In the end, trial balance will show that we entered correct amount. Like following window.

After putting all amounts than we will click the “OK” button and all data will save.

After saving if we want to see the save data than we will enter beginning balance and required data will open.

Set up a New Company

Set up a New Company

We will click on Peach tree and open a set up

We will click on “Open a new company” and the following display will open

This is an introductory window which guide us through the new company set up phase.

There are 5 options to choose that a set up have.

Now we click on “Next”

And following window will open

We will fill the window regarding our requirements.

The company name is necessary to fill.

When we fill the window than we click on the button “Next”

The following window will open

The above options will come and we have to select the one option.

After select the required option, we will click on “Next”

The following window will open.

Now we will choose first option.

Select first option than we will click on “Next”

Following window will open

Again we will select first option.

After selecting we will click on “Next”

Following window will open.

We will choose first option.

After selecting we will click on button “Next”

After clicking the following window will open

Now will fill the window with our requirements.

These requirements are important so fill it carefully.

After filling the window we will click on the button “Next”

The following window will open

The congratulation window will tell us that we have completed the required information for setting up a Peach-tree Accounting Company.

Now we will click on the button “Finish” to close the wizard.

The setup will show like following.

Open a Document in Word 2007

 Open a Document in Word 2007

You use the standard computer command Open to fetch a document that you previously saved as a file in Word 2007. To grab a file from your disk drive in Word 2007 — to open it — you follow three simple steps.

1

Click the Office Button and choose the Open command from the menu.

The Open dialog box materializes.

2

Click a document’s name with the mouse.

The Open dialog box contains a list of documents previously saved to disk. Your job is to find the one you want to open.

3

Click the Open button.

Word 2007 opens the highlighted file, carefully lifting it from your disk drive and slapping it down on the screen.

After the document is open, you can edit it, print it, or do whatever you want with it.