HOW TO MAINTAIN CHARTS OF ACCOUNTS

Now we have establish the company for our record in Peach-tree.
so its time to make charts of for our company.

First set up is to open the charts of accounts window. This can be done by opening the peach tree software. On the upper left corner of the window there will be a maintain option.

now from this toolbar you have to select the option of "Maintain" and a drop-down list will be appear like:

from here you select the charts of account option and next window will be appear like this:

this is the main window for making charts of accounts for a company.
In this window different options we have to fill out for the charts of the company. These options will have to be fulfilled:

1. Account ID
2. Description
3. Account type

Different account IDs will be given to each account so that it will be found quick and easily in the working process of the company.
In the description column you have to type the full detail for that account like "account receivable, petty cash, rent expense" etc.
And than you to select the Account type for that specific account. this account type will be given or assign by the software itself..

So after completing all this necessary information for your account this window will be look like:

After fulfilling this all information and completing the work you will press "ALT+S" buttons to save this account for the charts.

If you want to check that how many accounts you save and what account IDs you have assign to them, you have to press the "look-up" button very next to account ID's column.
by pressing that button you can see the window like:

So this work ends here.

you can also see the list of your accounts by clicking on the "report" button in the main toolbar.

from this you click on the report button and than "general ledger" 

after pressing the "General ledger" new window open like:

from this you can check any account's report by double clicking on that account.
when you click on "charts of account" next window will open like:

here you can check your account's details now.

   

HOW TO MAKE CHANGES IN SAVED ACCOUNTS

After making charts of accounts and assigning ID's to them if you realize that the account ID was not b correct than you can change that ID.

For this purpose you have to type the account ID and your account appears like:

when you can select that ID and click on "change ID" button on the upper toolbar and after that software will ask you to write new account ID for that account:

after entering the new ID you will press the OK button and your account ID will be changed to new one.

So you can also delete the existing account. first you click on the "look-up" button all accounts will b shown and than you highlight the account that you want to delete like:

 so when you highlight the account click on the "delete" button on the top and that account will be delete.

HOW TO ENTER BEGINNING BALANCES:

For entering the beginning balances first you have to select the "Beginning balances" by clicking on the "Beginning balances" button on the Maintain charts of account button. that is like:

when you click on the this button a window will be open like:

so from here you have to select the date that is beginning and ending on the same date.
And when you select that period and click on the ok button next window will be open like:

now here you have to enter all the balances that you have assign to your accounts.
after fulfilling this balances this window will be look like:

Be careful when you are entering the account balances because if it is not correctly filled than this charts couldn't be equal on debt and credit side.
If it is not equal than the deference will be posted to "Beginning balance equity".

It is the end of "charts of accounts". Thank you..!!!