How to delete the company database

In case you want to delete you company database from your hard drive, follow the step below:

Step 1

Select Help menu, click on Customer Support and Service, and click on File Statistics...



Step 2

Select and copy file path from Directory.



Step 3

Pass file path on Window Explorer.

Step 4

In Peachtree, open other company. Close Peachtree.

Step 5

Delete folder that contain company database in Window Explorer.

New updates for Peachtree Premium Accounting 2008

To improve the quality, Peachtree always releases new updats. I strongly recommend you to install all new updates to benefit the improvement in the system.

You can obtain the update for free from Update for Peachtree Accounting.

Back Up Peachtree Company Data

Backing up your company data on a regular basis is very important to recover your data when lost due to problem with your computer.

To back up your company data, follow the below steps:

1. Select File, then click on Back Up... (or shortcut: Ctrl + B)



2. You should tick on the first option: Remiand me when I have not backed up in ..., so that Peachtree will show a message when you don't back up within that number of day. You can set this reminder from 1 to 99 days.

The option number two let you put the name of company in back up file. For example, my company name is Peachtree Tutorial and I back up my company data on 04 February 2009, if I select option 2, my back up file name is Peachtree Tutorial -020409, if I don't select the file name will be BU-020409.

Click on Back Up icon.



3. The next window allow you to choose the location where you want to save the back up file. You also can rename the back up file in the File name. Click on Save.



4. The next window tells you how much the back up file will use your hard disk. Click OK.

Set Up Default Information

Default Information feature of Peachtree saves you time in setting up default information about customers, vendors, employees, payroll, inventory, jobs, statement, and general ledger. You should set up default information before setting other things.

To set up default information, follow the steps belows:

1. Select Maintain, click on Default Information.



2. To set up default information about customer, select Customer.



3. To set up default information about vendor, select Vendor.



Click on any item that you want to set up default information.

Change Company Information

One day, for example, you join your company with your friend's company to share risk and reward. Because of that, you may need to change your company information, office, etc.

To change your company information after you set up your company in Peachtree, do the following:

1. Select Maintain, click on Company Information...



2. You can change any information, then click OK.

Set Up Opening Balance of GL Account

If you start business at the same time when starting using Peachtree, then you don't need to set up the opening balance of General Ledger account at all. But if your business has being operated for many years already, but you just see the benefit of Peachtree accounting software and want to use it, then you have to set up the beginning balance of all your account.

You should set up both income statement accounts and balance sheet accounts. For example, if you have just started business in 1 January 2008, and you want to use Peachtree in from 1 July 2008, therefore the opening balance of general ledger account is balance sheet account as at 30 June 2008 and income statement account for the 6 months (Total from January to June 2008)ended 30 June 2008.

To enter the opening balance of general ledger, follow the steps below:

1. Select Maintain, then click Chart of Account...



2. Click on Account Beginning Balances icon.



3. Select the period of opening balance, then click OK.



4. Enter opening balance for all GL Accounts. The debit balance (Assets, Expenses) should equals credit balance (Liabilities, Equity, Income).



If the debit balance does not equal credit balance, Peachtree will produce an account called Beginning Balance Equity. If you accept the difference, click OK.