Peachtree accounting 2009 updates




















The User Security feature is handled by a number of windows that let you create a company administrator, who has the right to set up other company users, and then enter and grant rights to those users. Click Maintain, then select User Security.

Click New User. Note on the Show: there are two options: - User in This Company: Peachtree shows only user that use current opened company. If you have not yet set up password for Administrator, you need to do it by typing password and click Save. Now the password of Admin is defined. If you want to create user for other staff, select New User again. Enter user name and password. Then select one of the four access rights. Then select Save or Next. This option is used when for example the user is on leave.

If you select Selected access in step 5 above, the next following window open to let you select the user right. Define the right of user and click Save. In case you want to delete user, select on user and click Delete. Tuesday, January 20, Create a Company.

You can run Create a New Company in two different situations: - When you set up your first company in Peachtree. The Create a New Company - Introduction window appears.

From the File menu, select New Company. Click Next 3. The next window let you enter general information about your company. Enter your company information, then click Next 4. You can use 5 options to design your company chart of account. But the most used 3 potions are number 1: Use a sample business type that closely matches your company, number 2: Copy setting from an existing Peach Accounting company and number 3: Build your own chart of account.

If you are not sure which one to choose, I suggest you to choose option number 1 and edit your chart of account later. Choose business type that describes your company industry. If your company operates an advertising service, you can select Service Company or Advertising Agency. After selecting, click Next. Choose an accounting method.

You can choose either Accrual or Cash. In cash accounting, you recognize income or expenses when you receive or spend cash.

In accrual accounting, you recognize income and expenses when you send or receive an invoice. Click Next after selecting your option. According to International Accounting Standards, you should choose Accrual. Choose a posting method. Real time method is preferable. Choose an accounting period structure. You should select the first option if you follow the 12 months period which means starting from January to December.

Choose option 2, if your accounting period is different from 12 months period, for example start in June and end in June Choose the first period of your fiscal year. Even if you start your business on May , you should choose January to ensure that your accounting records cover 12 months period.

Click Next. Click Finish. Now click OK to open your company. Upgrade Peachtree. If you are upgrading from an earlier release of Peachtree, Peachtree will give you the option of 1 installing the new release over the old release, or 2 installing to a new location on the computer so that you will keep your old release of Peachtree. Then, you can use conversion wizard to transform your backup into new release.

Labels: Installation. Sunday, January 18, Uninstall Peachtree. If you need to remove Peachtree, follow the steps below: When you uninstall Peachtree, all components are removed from your system. Your personal company data will remain on your hard disk. To uninstall Peachtree program files, do the following: 1.

Make a backup of any data files you have created. Click on Remove, then Next. Click OK 7. When Peachtree is completely uninstall, the following messege will appear.

Restart to refresh your computer. Labels: Uninstallation. Thursday, January 15, Overview of Setup Tasks. Basically, your remaining tasks, after completing installing the software, will be something like this: 1. Create Your Company: Company profile, chart of accounts, posting method, accounting method 2. Set Up Your Company: Beginning balances, default and information for customers, vendors, employee 3. Run Your Company: record transactions and print forms 4.

Analyze Your Business: reports and financial statements. These are the basic tasks that most people will perform. Of course, it all depends on what you want from your Peachtree system. You may use an outside source for payroll, which what I am doing currently in my company, so you don't need to set that up. You don't have to set up all your customers, vendors, and employees at once. You can set them up on as-needed basis, when you need to record a transaction.

Starting the Program Select Start on the window taskbar and then Programs. After this step the setup will ask you some queries and then will create the company profile. After the completion of this simple process Peachtree will provide you a comprehensive setup guide. The setup guide will lead you to the completion of different steps effortlessly. Peachtree has a very simple interface which lets you complete all your required tasks efficiently.

Peachtree allows you to add new records during the process without effecting the smoothness of overall operation. One of the significant features of this version is online banking. With online banking this version enables you to provide online bill to anyone. Peachtree beats its competitors in its time billing section. This version provides a comprehensive time billing which goes into greater details.

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