maintain chart of account 

Maintain Charts of Accounts

General Ledger

Now set up of a new company at peachthree.After that I have to make charts of accounts to establish general ledger account,defaults customer,and begning balance of customer.The select the charts of accounts to click the the maintain.

After that we will display this window.

After this we have to enter ACCOUNT ID,DESCRIPTION,and the most important ACCOUNT TYPE enter a customer account id it shows the list of customer accopunt history.

account then its type will be Income so on. A simplified chart of account with Account ID, Description and Account Type is given at the end of the chapter.

Here you can select the period if you want to enter begning balance.You can select previous past and future balance to click ok.

Here in white cells you can enter an new amount of account the gray grid shows the balance is correct or not.

If the begning balance is incorrect the software gave you a warning that difference is named begning balance equity.

DELETE AN ACCOUNT FROM CHARTS OF ACCOUNT.

In order to delete an account from chart of accounts so there must be no transactions posted to General ledger the reference the account id.If account has a nonzero balance you must delete or remove transaction.

These include begnninig balance enteries.

If an account has nonzero balance there must be adjusting an amount in General ledger account for make this zero.