Post on 27-Apr-2015
description
Introducing...
A Presentation by,
Muhammad Iqrash Awan
A Complete Accounting Solution
1. Understand Basics of Peachtree.
2. Create a Company.3. Set Up Accounting System
for a Company.4. Run Accounting System
for a Company.5. Create Financial
Statements for a Company.
The Major Objectives are,
Objectives of This Presentation
Part 1
Peachtree is an accounting application for small and medium-sized businesses.
It is made by Sage Software. Peachtree enables
comptrollers and managers to automate and manage numerous accounting tasks.
What is Peachtree?
Introducing Peachtree
What Peachtree Can Do?
Introducing Peachtree
Peachtree can perform numerous accounting tasks, like
Reconciling accounts payable and receivable.Creating financial statements, check invoices.Tracking banking transfers and payroll.Integrating scanned documents like checks, receipts & invoices.
To run “Peachtree 2009” on you PC you’ll need at least,
Intel Pentium IV1 GHz Processor1 GB of RAM 1 GB of Free Disk SpaceInternet AccessInternet Explorerand At Least Windows XP.
Peachtree On Your PC
Introducing Peachtree
You can Install Peachtree in a number of ways as to suit your need.
Two Installation Types are: Installing on a Stand-
Alone Computer. Installing on a Network• Client/Server Network• Peer-to-Peer Network• Server Computer• Terminal Server
Installation Types
Installing Peachtree
To start “Peachtree” Set-up
Insert the Peachtree CD or DVD in your CD/DVD ROM.
Double Click on the CD Drive.
You Will be Prompted with a Set-up menu.
Starting Peachtree Set-up
Installing Peachtree
My Computer
Installation Demo
Installing Peachtree
Click here to start “Set-up”
Once You have double clicked the CD Drive, you will be prompted with this screen.
Installing Peachtree
Now After You have selected the “Install Peachtree Accounting” Option the installation wizard will start to prepare the install setup.
Installation Demo
At this point in time all you can do is wait…
Installing Peachtree
After a bit of waiting (depending on the speed of your computer) you will be prompted with this screen.
Installation Demo
Click Next to move forward in installation process
Installing Peachtree
Now You Need to Agree with all the terms and conditions of “Sage” (You want world domination, we give it to you!!!)
Installation Demo
Click Next to move forward in installation process
Click Accept
Installing Peachtree
Wait until the setup completes all it’s tasks
Installation Demo
Well my friends, Patience is the key…
Installing Peachtree
If Prompted enter the serial number provided.One working serial number I found was“59176756”
Installation Demo
Click Next to move forward in installation process
Enter Serial Number
Installing Peachtree
For now we are using it for learning purpose, so I’ll go with the only computer running this software option.
Installation Demo
Click Next to move forward in installation process
Yes, we won’t share over network.
Installing Peachtree
Most companies would like to use separate databases but here I’ll be using the same PC.
Installation Demo
Click Next to move forward in installation process
Click ‘Yes’ if you want to store database on same Computer
Installing Peachtree
Here we specify the folder to install Peachtree on.
Installation Demo
Click Next to move forward in installation process
I have selected the default directory to install Peachtree, specify a different one if you like.
Installing Peachtree
This is installation summary to verify what we have been specifying so far.
Installation Demo
Click Next to move forward in installation process
Installing Peachtree
Wait until the setup completes all it’s tasks
Installation Demo
Well my friends, Patience is the key…
Installing Peachtree
When all the processes are completed by the setup processIt will congratulate you with a Installation successful windows.
Installation Demo
Click Finish to end Installation
Installing PeachtreeLet Us Have a Practical Demo of
Installation
Starting Peachtree
Running Peachtree
Select Start Button and then Programs then Peachtree group folder then click Peachtree icon.
OR Locate and double-click the
My Computer icon. By default, Peachtree is
installed in c:\Program Files\Sage Software\Peachtree. Locate and open Peachtree folder.
locate and double-click the PEACHW.EXE file.
Peachtree – First Run
Running Peachtree
When You First Run Peachtree You’ll be prompted with the following screen.
Peachtree – First Run
Running PeachtreeOpens Accounting System for a Company Previously In Database.Creates a New Company In the Database.Opens a Sample Company Provided by the Vendor.
Converts Accounting Record From some other Software.(Supports “QuickBook” and “DacEasy”.)
Main Panel – Tool Tip
Running Peachtree
Hides Contents of the Current Page
Updates the Contents of the Current Page
Shows the System Date
Shows the Accounting Period Gives option
to set a page to default view
Main Panel - Side Bar
Running Peachtree
Current Page Title
To Switch to other pages for further control.
Shortcuts to some basic accounting tasks.
Main Stats Area
Running Peachtree
Shows Contents and Stats from each page.
Provides full control to a section.
Part 2
There are two steps in creating your own company1. Entering Basic info like
the chart of accounts, accounting method, posting method, and accounting period structure.
2. Using set-up guide to set-up,
How To Create a Company?
Creating a Company
Chart of Accounts
Employees
Vendors Inventory Customers Jobs Users
First of all start Peachtree 2009.
When you will first run it you will be greeted by screen on the left.
If not click “File” on menu bar and click “New Company”
Step 1: Enter Basic Info
Creating a Company
Click here to create a new company
This is the welcome screen, no details needed, just click next.
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Fill out the form with the details of your company.
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Select a method to create your company.I will prefer the sample business type but the final choice depends on you.
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Select business type
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Pick accounting method(I will stick with accrual).
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Pick posting method(I will go with Real Time).
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Pick accounting period structure(I will go with 12 month).
Step 1: Enter Basic Info
Creating a Company
Click Next to proceed
Choose the first period of fiscal year.I’ll go with Jan 2009.
Step 1: Enter Basic Info
Creating a Company
Click Finish to end.
And finally we are done.Good work mates.
Creating a CompanyLet Us Have a Practical Demo
Part 3
Once you are done with Step 1, you will be prompted with this setup guide.
You can either enter all the detailed information now or you can enter them later as needed by selecting “Company” from Main Panel then File>Setup Guide.
Step 2: Set-up Details
Set up Accounting System
Step 2: Set-up Details
Set up Accounting System
Enter Customer Info
Enter Jobs Info
Enter Vendor Info
Enter Inv. & Service InfoEnter Employee Info
Enter Chart of Account
Assign Passwords to Users
Step 2: Set-up Details
Set up Accounting System
When you select one of the options in the setup guide
You will be prompted with forms like one in the left picture
Fill them to enter your desired information (Don’t worry I’ll cover these in practical demo).
Set up Accounting SystemLet Us Have a Practical Demo
Part 4
Accounting in Peachtree
Run Accounting System
Now that the setting-up of accounting system is done, it is time to talk business.
Peachtree offers many ways to make transactions and automatically posts your invoices to the related account.
We will stick only to the Journal Entries due to limited scope of presentation.
Making a Journal Entry
Run Accounting System
Making a Journal Entry
Run Accounting SystemTo navigate through transactions
To enter Date and Ref. No.
To get help
To enter journal entries
Shows Balance
Run Accounting SystemLet Us Have a Practical Demo
Part 5
Creating Financial Reports
Creating Financial Reports
Creating Financial Reports isn't a big deal in Peachtree, it is just a matter of few clicks.
All you need to do is click on “Reports and Forms” on menu bar and choose the desired report.
Creating Financial Reports
Creating Financial Reports
Step 1: Click “Reports & Form” Menu Bar
Step 2: Pick a Report Type
Creating Financial Reports
Creating Financial Reports
Once you click a report type you will be prompted with the interface on the left.
Pick a report to display or print.
Creating Financial Reports
Creating Financial Reports
Once you click a report type you will be prompted with the interface on the left.
Pick a report to display or print.
Creating Financial ReportsLet Us Have a Practical Demo
Objectives of This Presentation
1. Understand Basics of Peachtree.
2. Create a Company.3. Set Up Accounting System
for a Company.4. Run Accounting System
for a Company.5. Create Financial
Statements for a Company.
Were The Objectives Achieved?
Understood Basics of Peachtree.
2. Created a Company.3. Set Up Accounting System
for a Company.4. Ran Accounting System
for a Company.5. Created Financial
Statements for a Company.
Objectives of This PresentationWere The Objectives Achieved?
Understood Basics of Peachtree.
Created a Company.3. Set Up Accounting System
for a Company.4. Ran Accounting System
for a Company.5. Created Financial
Statements for a Company.
Objectives of This PresentationWere The Objectives Achieved?
Understood Basics of Peachtree.
Created a Company. Set Up Accounting System
for a Company.4. Ran Accounting System
for a Company.5. Created Financial
Statements for a Company.
Objectives of This PresentationWere The Objectives Achieved?
Understood Basics of Peachtree.
Created a Company. Set Up Accounting System
for a Company. Ran Accounting System
for a Company.5. Created Financial
Statements for a Company.
Objectives of This PresentationWere The Objectives Achieved?
Understood Basics of Peachtree.
Created a Company. Set Up Accounting System
for a Company. Ran Accounting System
for a Company. Created Financial
Statements for a Company.
Objectives of This PresentationWere The Objectives Achieved?
Thanks For Your Time
Introducing...
A Presentation by,
Muhammad Iqrash Awan
A Complete Accounting Solution