Chart of Accounts

Chart of accounts

The chart of accounts is listing all of the accounts in the general ledger , each account is accomplished by reference number .

Maintain menu

When we open a Peachtree software, open existing screen appears then we click on browse  and open a company screen we select z drives and  we select a company name and on the top we see a maintain option we click on  and select chart of accounts

Reference

We select build own accounts that’s why we select chart of accounts after clicking on maintain option .

Correction in chart of accounts

There may be wrong entry in account ID, account description, or any account type .For correction in any account type or any account ID; we have to specific record to be correct. To open any record we will click    

IF there are any mistakes and errors in the chart of accounts we can check out by clicking on look up button  and correct the errors

If we write incorrect account ID type we select the changed key and retype the account ID type . We have to open a specific record  and after this we use Tab key and Alt S for the saving of data we click on OK .

If we write incorrect spelling of any account we edit the description  and use key of TAB and for saving Alt  + s