how to create a new company in peachtree
Setup a new company
1. Open Peachtree software to set up a new company .following is the picture of the Peachtree software:
2. by clicking on the second option” Set up a new company” the following window will appear:
This is an introductory window for New Company Setup and will guide us through this process. We should be having following information to go through this process.
3. After clicking on the next button it will take you to the “company information “window, in this you will have to fulfill all the requirements according to the type of company you want to make.
To proceed further at least you should have your company name.
4. After clicking on the next button, the new window will appear which will show you the window of “Chart of Accounts”.
This window tells you about the several methods for setting up your company.
As you have performed all steps of making your own new company, so you will click on the last circle
“Build your own company” which will take you to the next window of Accounting Method.
5. This will ask from you about the Accounting Method you want your company to be used. Either Accrual or Cash.
Depending upon your need and requirement you select the Accounting Method and press Next button to proceed further.
6. This window will tell you about the Posting Methods how you want your company to process transactions. Either Real time or Batch.
By clicking on any of the one option press next button to proceed further.
7. The following window will appear after clicking the next button. It will ask you about the Accounting Periods you want to select for recording your transactions of the company.
After clicking on any one of the option click on the next button to proceed further.
8. This window will ask you about the Monthly Accounting Periods. It will ask you three options.
Fulfill your all the requirements and press the next button to proceed further.
9. A Congratulation window will appear which identifies that you have fulfilled the requirement information for setting up a New Peachtree Accounting company.
By clicking on the Finish button, it will complete its all information by merging the entire requirement.
10. The new company is build and all the steps and data is given to make future changes in the company.
