ntroducing...

A Complete Accounting Solution

A Presentation by,
Muhammad Iqrash Awan
Objectives of This Presentation
The Major Objectives are,
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.
Part 1
Introducing Peachtree
What is Peachtree?
 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.
Introducing Peachtree
What Peachtree Can Do?
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
Introducing Peachtree
Peachtree On Your PC
To run “Peachtree 2009” on
you PC you’ll need at least,

Intel Pentium IV
1 GHz Processor
1 GB of RAM
1 GB of Free Disk Space
Internet Access
Internet Explorer
and At Least Windows XP.
Installing Peachtree
Installation Types
 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
Installing Peachtree
Starting Peachtree Set-up
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.

My Computer
Installing Peachtree
Installation Demo
Once You
have double
clicked the CD
Drive, you will
be prompted
with this
screen.

Click here to
start “Set-up”
Installing Peachtree
Installation Demo
Now After You have
selected the “Install
Peachtree
Accounting” Option
the installation wizard
will start to prepare
the install setup.

At this point in
time all you
can do is
wait…
Installing Peachtree
Installation Demo
After a bit of waiting
(depending on the
speed of your
computer) you will be
prompted with this
screen.

Click Next to
move forward
in installation
process
Installing Peachtree
Installation Demo
Now You Need to
Agree with all the
terms and conditions
of “Sage” (You want
world domination, we
give it to you!!!)

Click Accept

Click Next to
move forward
in installation
process
Installing Peachtree
Installation Demo
Wait until the setup
completes all it’s
tasks

Well my
friends,
Patience is the
key…
Installing Peachtree
Installation Demo
If Prompted enter the
serial number
provided.
One working serial
number I found was
“59176756”
Enter Serial
Number

Click Next to
move forward
in installation
process
Installing Peachtree
Installation Demo
For now we are using
it for learning
purpose, so I’ll go with
the only computer
running this software
option.
Yes, we won’t
share over
network.

Click Next to
move forward
in installation
process
Installing Peachtree
Installation Demo
Most companies
would like to use
separate databases
but here I’ll be using
the same PC.
Click ‘Yes’ if
you want to
store
database on
same
Click Next to
Computer
move forward
in installation
process
Installing Peachtree
Installation Demo
Here we specify the
folder to install
Peachtree on.
I have selected
the default
directory to
install
Peachtree,
specify a
different one if
Click
you Next to
like.
move forward
in installation
process
Installing Peachtree
Installation Demo
This is installation
summary to verify
what we have been
specifying so far.

Click Next to
move forward
in installation
process
Installing Peachtree
Installation Demo
Wait until the setup
completes all it’s
tasks

Well my
friends,
Patience is the
key…
Installing Peachtree
Installation Demo
When all the
processes are
completed by the
setup process
It will congratulate
you with a Installation
successful windows.

Click Finish to
end
Installation
Installing Peachtree
Let Us Have a Practical Demo of Installation
Running Peachtree
Starting 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.
Running Peachtree
Peachtree – First Run
 When You First
Run Peachtree
You’ll be
prompted with the
following screen.
Running Peachtree
Opens Accounting
System for a
Peachtree – First Run 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”.)
Running Peachtree
Main Panel – Tool Tip

Updates the Shows the

Contents of Accounting
the Current Period Gives option
Page to set a page
Hides Shows the to default
Contents of System Date view
the Current
Running Peachtree
Main Panel - Side Bar
Current Page
Title

To Switch to other pages for

further control.

Shortcuts to some basic

accounting tasks.
Running Peachtree
Main Stats Area
 Shows
Contents and
Stats from
each page.
 Provides full
control to a
section.
Part 2
Creating a Company
How To Create a Company?
 There are two steps in
creating your own company
1. Entering Basic info like
the chart of accounts,
accounting method,
posting method, and
accounting period
structure.
 Chart of  Employees
Accounts
2. Using set-up guide to set-
 Vendors
up,  Inventory
 Customers  Jobs
 Users
Creating a Company
Step 1: Enter Basic Info
 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”

Click here to
create a new
company
Creating a Company
Step 1: Enter Basic Info
This is the
welcome screen,
no details
needed, just
click next.

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info
Fill out the form
with the details
of your
company.

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info
Select a method
to create your
company.
I will prefer the
sample business
type but the
final choice
depends on you.

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info

Select
business type

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info

Pick
accounting
method
(I will stick
with accrual).

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info

Pick posting
method
(I will go with
Real Time).

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info

Pick
accounting
period
structure
(I will go with
12 month).

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info

Choose the
first period of
fiscal year.
I’ll go with Jan
2009.

Click Next to
proceed
Creating a Company
Step 1: Enter Basic Info
And finally we
are done.
Good work
mates.

Click Finish to
end.
Creating a Company
Let Us Have a Practical Demo
Part 3
Set up Accounting System
Step 2: Set-up Details
 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.
Set up Accounting System
Step 2: Set-up Details
Enter Customer Info

Enter Jobs Info

Enter Vendor Info

Enter Inv. & Service

Info
Enter Employee Info

Enter Chart of Account

Assign Passwords to
Users
Set up Accounting System
Step 2: Set-up Details  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 System
Let Us Have a Practical Demo
Part 4
Run Accounting System
Accounting in Peachtree
 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.
Run Accounting System
Making a Journal Entry
Run Accounting System
To navigate
Making a Journal Entry To get help
through
transactions

To enter Date
and Ref. No.
To enter journal
entries

Shows Balance
Run Accounting System
Let 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 Reports
Let Us Have a Practical Demo
Objectives of This Presentation
Were The Objectives
Achieved?
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.
Objectives of This Presentation
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 Presentation
Were 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 Presentation
Were 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 Presentation
Were 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 Presentation
Were 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.
Thanks For Your Time
ntroducing...

A Complete Accounting Solution

A Presentation by,
Muhammad Iqrash Awan