UNDERSTANDING THE SAGE 50 (PEACH TREE) MENUS

HOW TO CREATE A NEW COMPANY IN PEACH TREE ACCOUNTING

Creating a new company means creating your company  accounting data using the Peach tree software 

From the Peachtree Startup window,

SELECT CREATE A NEW COMPANY;

CREATE A NEW COMPANY –INTRODUCTION WINDOW OPENS;

CLICK NEXT;

COMPANY INFORMATION WINDOW OPENS;

{Enter the Company  Name, Address, Phone and Fax information, from the list in the BUSINESS TYPE, choose your business type, enter  your email and web-site addresses};

CLICK NEXT;

Select a method to create your company {choose the default method};

CLICK NEXT

Select a business type: {scroll and choose a business type that suits your business}

Click NEXT

Choose Account method {select the default one chosen that is Accrual}

CLICK NEXT

Choose a posting method {choose real time, this enables your transactions to be processed accounts-wise as soon as posting is done}

CLICK NEXT

Choose an accounting period structure {choose default structure of 12 monthly accounting periods per year}

CLICK NEXT

Choose the first period of your fiscal year{choose January and also the year of the accounting period, but note some companies have accounting period beginning from month other than January, just choose the appropriate month as the case may be}

CLICK NEXT

CLICK Finish {as you click the Finish button, the Peach tree will create your New Company}