How to maintain charts of account?

How to maintain charts of account?

First of all we open the peach tree soft ware and open an existing company and then select the option maintain from menu bar then click the maintain option after use this option select the charts of account option.

After selecting charts of account the following window will appear.

When this window will appear then type your Account ID then press the tab button then type your Description and also enter the Account type. The accounts ID determine how the account is identified in the charts of accounts.

Select the Account type this option is very important account types is defined how to account will be located in financial statements.

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This window shows the type the account Id Description and Account type.

Enter the account ID 105 then press the tab button then enter the Description cash in bank then enter the tab button and select the Account type option.

If the account ID Description or Account type are wrong enter then enter the Wright thing  then following window will appear.

Click the change ID option then open a list of account and select the ID which are enter wrong then press the Alt and S both then save your account.

If any account deletes then press the delete option then following window will appear.

If we want to delete the account then press the Yes option and if we not delete the account then press the No option.

This window shows the inactive and deactivate.

Select the inactive option and check the accounts.

How to enter the beginning balances

After saving the different balances of charts of account we put the time period

In this window we click on the beginning balances and then show this window

In this window click on ok button and then show this window

In this window select the time period which we follow and click on ok button then show this window and in this we should have the account of retain earning and if we have not retain earning account then the software not save the account balances and in this we also enter new account

In this window we enter the balances of the accounts

In this window we enter the all balances and after entering all the balances show this window

After doing this click on ok button and it will saved