ADDING NEW ACCOUNT IN BEGINNING BALANCES

Enter a new account in the chart of accounts in Beginning Balance:

Enter the new account I.D.

Enter a description of the account.

Select a type for the account

Click save button

Deleting an account

To delete an account you need to open that account in the Maintain Chart of Accounts

Click Chart of Accounts icon and select New Account from the drop down menu

 Maintain Chart of Accounts window will appear where you can enter the Account ID of the account

And delete the account

You can to modify or delete the account and press ok

Customers default information…….. Peachtree

First open the Peach-tree set-up, in this you click the option of maintain, press default information and then press customers...

The customer default window will appeared. In this you can build all your customer records. In this window there are many options like payment terms, account aging, custom field, finance charges and pay methods.

Payment term is used for customers recording. Select one of these to tell you the mode of payment.

Net due:  Enter number of days

Discount in:  Enter the number of days if payment is made before the date in which you allow customer to get discount.

Discount the payment is made within the discount days

Credit Limit, It is the total amount of credit

G/L: Accounts tells the sales income

Discount G/L account enter the sales discount

Aging is the range of days and column headings for the accounts

Custom fields are used to enter the information about the customers. It can change the  names of accounts 

according to your choice 

Finance charge is used to enter the charges required to charge on overdue amount by the customers and then click OK