peachtree

                                             Setup of a Company

We will open a company in Peachtree

When we have done with clicking on that following window will display

This is a introductory window which guide us through the new company setup phase which show us different parts of window you must know one to setup new company and without you

Knowing that you not go further

This window guide us how to open a new company compulsory particulars are show which provide us the window

There is show charts of accounts which provide several method for setting up your company select one of the following under which have given  if you want to create a new retail services then click 1^st option otherwise which you want  in these categories you can build our own company and this will done in drive c  under the Peachtree document

This window show the accounting method in which Accrual bases method and Cash based method are used accrual method is mostly uses in the accounting  in which cash is done when entry is done and in cash  based  method cash is pay first

In this window when new company is setup posting method is also set by the person who make the company two method uses Real time  and Batch method  in real time method transaction are posted to the general ledger as they are entered 

Accounting period are units of time that divide your fiscal year for reporting purpose

In Peachtree accounting. You can divide the fiscal year into as many 13 periods. Most companies use monthly accounting periods there is two type periods 1 is 12 month accounting

And other is accounting periods that do not match the calendar month

Different company start accounting periods from different months but mostly start  from 1^st January to 31^st dec  it may be start from March 13, 2013 or may be other but it complete in 13 February

 This window show that your company have set up and your require information have complete at Peachtree