We will
open the Peachtree Accounting software.
A new window will be open.
There are number of options given in the window. We will
select the option “ Set up a new company”
This is an introductory window which will guide us through
the new company setup different phases.
We press the “next” button.
This window requires the company data through which company
can be recognized. Fill the required filling options. By filling the data and
after that pressing the next button the next window will be open as shown
below.
This is the chart of accounts giving different options. We
will select the option “build your own company” and press the next button.
This window shows the accounting method on which company
record its transactions. Select the “Accrual” and press the next button.
This window will show the posting methods. Select “Real time”
and press next button.
Now here we will define the accounting period of the company.
Select the option “12 months accounting period” and press next button.
This window will show the monthly accounting periods, select
the accounting period for the company and press the next button.
This is the final window. Now press “finish” button. The company
profile is created.
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