How to maintain chart of accounts?

Initially we have to  open the  accounting software named as peachtree accounting software from there on, we shall  open an existing company and then we will click on the maintain option shown on the menue bar on top of the screen  then click on the option CHART OF ACCOUNTS

After selecting charts of account the window shown below will appear

When this window will appear we should type the Account ID then press the tab button on keyboard and then we should  type Description and also enter the Account type. The accounts ID determine how the account is identified in the charts of accounts.

We can also search the account id by clicking on the search button such as shown in the picture below

This window shows the inactive and deactivate.

Select the inactive check box to inactive the account

How to enter the beginning balances?

After saving the different balances of charts of account we put the time period

In this window we click on the beginning balances and click ok button

After clicking on the ok button the following window will appear on your screen

from this window we will  select the time period which we follow and click on ok button.

After clicking on the ok button the following window will appear

We will enter the balances of accounts in this window

After entering all the balances click on the ok button shown on the top of the screen and all the balances will be saved.