How to
maintain chart of account
First
open a company on peach tree then
this window will appear :
Then
click the maintain button this window will appear :
In
this window we fill three things :
Account ID :
Description:
Account Type
:
When
write three thing for save this click the
ALT –S
Example :
100
|
Current Assets
|
Account Type
|
||
105
|
Cash in bank
|
Cash
|
105 is account ID write it on their blank .
Cash in bank is the description write it .
And
select the Account Type .
How select a
account type :
Click
on account type and select the
account type
This
window look like this :
Correct in
recorded charts of account :
There
may be a chance that you have recorded wrong
account ID , description , account type then click on research icon
which look like this :
And select which you want to correct like this :
And
double click on it and correct it .
How to
delete the account :
Click
the delete button or icon which look like this
In order to delete an account from the chart of accounts, there must be no transactions posted to the general ledger that reference the account ID. If an account has a nonzero balance, you must delete or remove transactions associated with it. These can include beginning-balance entries.
If an account has a nonzero balance, you can enter an adjusting G/L transaction in the General Journal to bring the account's balance to zero. Then, after two year-end closings, you can purge or delete the account.
How to enter
a beginning balance
First
open a peach tree and click the the maintain button which is on the top left
side of peach tree :
And
then click the chart of account
This
window will appear :
Now
click on the beginning balances this tab will appear :
Peachtree displays the Chart of Accounts Beginning Balances window :
If you are out of balance in the Beginning Balances for General Ledger Accounts window, Peachtree displays a warning message indicating that an equity account will be created (or updated) to contain the difference or out-of-balance amount.
This account will be named Beginning Balance Equity, and its type is Equity-Doesn't Close.
If you are out of balance in the Beginning Balances for General Ledger Accounts window, Peachtree displays a warning message indicating that an equity account will be created (or updated) to contain the difference or out-of-balance amount.
This account will be named Beginning Balance Equity, and its type is Equity-Doesn't Close.
And check that your trial balance should be 0 if the trial balance amount is not zero then its means your debit and credit side is not equal .