How to enter opening balances in Peachtree accounting software?

How to enter opening balances in Peachtree accounting software?

Open Peachtree, built a new company. When you have opened a new company then maintains your chart of accounts. Let’s have a sample of data here

Go to maintain chart of accounts menu, and enter all data. Once you have maintain your charts of accounts, click on beginning balance

When you click on beginning balances remember you already prepared the account of retained earnings. Otherwise, software will not save your balances. After that new window will be opened

 

Select period, then new window will be opened

Enter up all balances of above question. The total on debit and credit side shall be same. Then press OK, it’ll save your balances.

How to enter chart of accounts in Peachtree accounting software?

Open the software of peachtree accounting software and open your company. When you have opened up your company then this screen is shown up

When you have opened up your company, then go to maintain menu. It will give you different options to select:

Here you see that chart of account is available as option. Click on this option to prepare your chart of accounts in this software. A new window will be appeared like this:

Here you can enter the accounts and description as well and which type of accounts you want to enter. For example, there is a sample of chart of accounts and you want to enter them in Peachtree, lets see how can we do this easily. First of all we have the data:

  

The account’s code, description and type is given to you. Go to Peachtree and enter this data:

Write 105 on account ID, cash in bank on description and cash on account type. After that press ALT + S, the software automatically save the entry. Then, take next account and repeat the same procedure as you did now. You’ll enter the data very easily. Remember that you must have entered the entry of income or retained earnings and also it is important that you enter the codes correctly.

How to setup a new company in Peachtree accounting?

 How to setup a new company in Peachtree accounting?

The first step is to open the Peachtree accounting software. After opening the software, it shows you a window like this:

This dialog allows you to choose different options regarding this software. Go to ‘setup a new company’. A next window will be opened:

After that, an introductory phase will be started. Click on next button

Fill the company information process, give details and then click on next button. After that new window open:

Choose ‘built your own company’ then again click next; a new window will be opened:

This window asked you to select your accounting method. Choose one of them and go for next:

After that a new window is opened which will asked to choose real time or batch. Choose one of them and then go for next:

Select an accounting period then click next:

 After completing all the steps, click on finish. You have set up a new company in Peachtree accounting software.

how to open word file easily

How to open a file in word?

If you want to open a file in Microsoft word, then first select Microsoft word button.

 It shows you a menu. Then click on open button.

After that a folder will open which shows different files contained in the computer.

Select a file which shows the blue icon. Do not click on ‘all files’ because it shows you all files contained in your computer. Go to file type and click on word files. Then open that file it will be opened in a word. This is the procedure to open the file in MS word.

How to open a file in word?

How to open a file in word?

If you want to open a file in Microsoft word, then first select Microsoft word icon. When we open it then we click on open. After that a folder will open which shows the files contained in the computer. Select a file which shows the blue icon. Then open that file it will be opened in a word. This is the procedure to open the file in MS word.