Simplest Way To Learn Peachtree Accounting Software

Learning Peachtree Accounting software is a fairly difficult task

. What makes it so difficult is that the software is comprehensive and multifaceted. Peachtree does have one advantage over other accounting programs because it works for small and big businesses.

Since learning Peachtree requires pure determination and focus, a step by step guide is listed below should help make it easier.

Decide what tasks Peachtree needs to handle for you and your business. These tasks may be check development, bill management, spread sheets, accounts payable and receivable, inventory, payroll and more. Understanding the needs of the business is beneficial when selecting a program.

Once you have installed the software and activated it, read the manual and the preparation checklist, watch the tutorials that are available. Repeat the tutorial as many times as you need to. For answers to general questions, the demos can help. Use the conversion utility to transfer information from your old software to Peachtree.

Decide whether to use cash or accrual. Next, enter the business information and the accounting period, monthly and yearly.

Now set up the Chart of Accounts. This creates the numerous tasks that the program will track and process for the business. You can select what to use for your business. Then continue setting up the information for the general ledgers.

Choose the responsibilities that the General Journal will need to track. Set up the accounts receivable and payable information.

Enter the inventory needs of the business. Determine any information that is going to be needed as far as inventory is concerned.

Creating other reports may be necessary for the business with this software such as tax information, bank reconciliation and payroll.

The step by step software wizard that accompanies the program can guide you through creating additional reports and accounts that may be required by your business.

by: Abraham Stone

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