Set of a Company

We will open Peach three software and we will find the following   window.

Then we select the “set up a new company” and then the following window will be open:

This is the introductory window which   guides us through the new company setup phase.

Click on the next button and then the following window will be open.

Now we fill the information…firstly you write your company name then address, then city and zip code, then your country name, then your telephone and fax number and now you choose your business type and then write your website and Email address. After filling the information, click on the next button. But keep in mind that the name of folder where it will be saved, similar to the name you have been selected. And then the following window will be open.

There a 5 options:

 If you want to start a new Retail, service, construction, Manufacturing, or Distribution company then we will click on the 1^st  option.

If you want to set up a new company using an extensive chart of accounts from one of many samples companies then we click on the 2^nd option.

If you want to copy setting from an existing Peachtree Accounting company then we click on the 3^rd option.

If you want to convert a company from another accounting program then we click on the 4^th option.

If you want to build your own company then we click on the 5^th option

Now we here select the “ACCRUAL” and then click on the next button after pressing next button the following window will be open.

Under the posting method there are two methods:

1)      Real Time

2)      Batch

It is the choice of the company weather it is chooses Real Time or Batch. Then we click on the next button the following window will be open.

There are two methods of accounting period that Peachtree accounting uses to transaction

1)      12 month accounting periods

2)       Accounting period that do not match the calendar months.

The company has to decide which of them it is used. After that click on the next button and the following window will be open.

This is the monthly “accounting periods window” here the company has to fill the blocks in which the company has start his first fiscal year, first month you will be entering data and first year you will be entering payroll. After complete this information click on the next button and the following window will be open.

This is the final window and congratulation you become success in your task. Click on the finish button then your company has created..