HOW TO CREATE CHARTS OF ACCOUNTS IN PEACH TREE ACCOUNTING SYSTEM

Chart of account is the list of accounts which is used to post the various transactions.

Why we want to maintain the chart of accounts

In first step to set up the new company we select the option of build up own company therefore we need to make the charts of account.

First we open the exits company in the Peach tree accounting and then click the maintain option the following window display

Click on the charts of accounts the following window display

First enter the Account ID and then press the tap key the cursor move to the next blank in which description is written and then press the tab key the cursor moves to the account type in which the account type is written.

And after write the all things press Alt+s to save the chart of account the cursor moves to the account ID.

The procedure to write charts of accounts so on.

How we can delete the account in the list of charts of accounts.

First we click the look up button to see the charts of accounts.

Show the charts of accounts

Select the account you want to delete and then click the delete button.

Select the account you want to delete and then click the delete button.

The conformation window display on the screen

If we want to delete the account click the yes and if you not want to click the no. The account will delete.
 After maintaining the charts of accounts we are able to enter the balances in the account we click the button of beginning balances to enter the beginning data

When we click the beginning balances the window of selected period open display following

Select the any one period which is suitable for your company and then click the OK.