Setup a new company
Open Peach tree software to setup a new company record. This software gives a guide for opening a new company. In the following picture 6 easy steps have been given which are used during this process.
Step 1:-
Step 2:-
This is an introductory window for new company setup and will guide us thorough the process. We should be having the following information to go thorough this process.
Step 3:-
In this step we are required to fulfill the following blanks unless we cannot go forward with this process.
· The files will be saved in the folder by the name of the company and every time when the file will be opened it will be open with the name of that company.
· The blank regarding company name should be at least fulfilled to go further about this process.
Step 4:-
in this step we have to choose any one radio button out of the five radio buttons and we will select the last radio button that is to build your own company and then we will move forward.
Step 5:-
In this step two options can be seen
· Accrual
This method is used when transactions are recorded at the time of occurrence of transaction.
· Cash
This method is used cash is received against the revenue.
And we will select accrual method and then we will click next.
Step 6 :-
In this step two posting methods will appear
1. Real time
2. Batch
We will select real time method to our convinience and then we will move forward.
Step 7 :-
In this step accounting period with two options will appear out of which we will select the first option.
In this step monthly accounting periods will appear and if we are entering data at the month of march then we will write march in the first blank of second row. After it will click next.
After it a congratulations will be opened and by clicking the finish button our created company will be saved.
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