setup of company

Set up of company

We will open Peachtree software and will find the following window

As we want to set up a new company in Peachtree software we will click on a set up a new company when we have done work clicking on that following window will display

This is a introductory window which guide us to the new company set up phase. In which introductory window you mention your company name and address your charts of account , accounting method , accounting periods. We know about these five things then we click the next button.

This is a company information which contain company name address city country start zip telephone number and business type. We fill these things and the others like federal employer id state employer id St Unemployment id  are not related our work because these are American rules not our.

Charts of Accounts copy setting from an existing Peachtree accounting company. We will clicking build your own company.

There are two method of accounting one is accrual method and the second is cash method. Cash method is use when cash receipt and payment and accrual method is used when occurrence of transaction. Here we will use accrual method.

There are two methods Peachtree Accounting can use to process , Real Time or Batch which posting method do you want your company to use?

Real Time

       The transactions are posted to the General Ledger as they are entered and saved. Most companies used this method

Batch

    Transactions are saved by the program and the posted in a group. This method allow you to print registers and analyze a group of transactions before posting the journals.

We use real time method.

Accountings period are units of time that divide your fiscal year for reporting purposes. In Peachtree Accounting  you can divide the fiscal year into as many as 13 periods. Most companies use monthly accounting periods.

Generally most companies used accounting period start from 1^stjanuary to 31^stdecember or 1^stjuly to 30^thjune.

This window shows that your company have setup and your required information is complete at Peachtree.

How to open a File in Microsoft Word

How to open a File in Microsoft Word

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Opening Microsoft Word Documents We'll shortly add an address to the top of our Library Complaint letter. Before we do that, we'll learn how to open a file. After all, you might have closed down Microsoft Word, or your computer might have crashed. The result being that you no longer have your library letter loaded into Word. So here's how to Open a file you have saved, and want to work on again. From the File menu, click Open: The Open dialogue box appears, and looks like the image below: The Open dialogue box looks very similar to the Save As dialogue box. "Save in", "File name", and "Files of type" work in exactly the same way as the Save As dialogue box. Notice, though that the File name text box is blank, and the Open button is not available. It has been greyed out. The reason that the Open button is greyed out, and therefore not available, is that text box is empty. Once you select a file, the Open button will be ready for us. But the text box is empty because no file has been selected. A file is selected from the larger white area in the middle. Clicking on the file once with the left hand mouse button will select a file. In the previous image, there was only one file available for selection - a document called "rrKeyCaps.doc". That is not the one we want. To locate the file we want, we need to open the folder called "My WP Projects". Because that's where we saved it. You can see from the image that this folder is in the list of folders, just below the folder called My Pictures: You can see also that we are in the folder called My Documents. To open up the folder we want, simply double click it. This will take us inside the My WP Projects: The whole Open dialogue box now looks like this: The file we want, Library Letter, has been clicked on. As a result, the Open button is no longer greyed out. We can go ahead and click it. When we do, our letter will open in Microsoft Word. To recap then on how to open a file. Do the following · Navigate to the folder where the file was saved · Click on the file to select it · Click the Open button OK, now that you know how to Open a file, we can start adding the address to our letter. Learn how to add an address to a letter --> <--Back to the Word Contents Page View all our Home Study Computer Courses