Course description
Highlights:
- Peachtree Basics: Learn the fundamentals of Peachtree Accounting, including the user
interface, setting up a company, and creating a chart of accounts. - Financial Managemen: Understand how to manage financial transactions, includingsales, purchases, and payments in Peachtree. - Inventory and Stock Management: Learn how to set up and manage inventory, trackstock levels, and process inventory-related transactions. - Payroll Processing: Master how to manage employee payroll, including tax calculationsand deductions. - Financial Reporting: Gain the skills to generate a wide variety of financial reports, suchas balance sheets, income statements, and cash flow statements. - Peachtree Advanced Features: Explore advanced features of Peachtree like job costing, budgeting, and bank reconciliation.
Course Objectives:
By the end of this course, you will be able to: - Understand Peachtree Accounting’s user interface and functionality. - Set up and configure Peachtree for various types of businesses. - Manage accounts, transactions, and financial data effectively. - Track inventory and manage stock levels within Peachtree.
- Process payroll and calculate taxes and deductions. - Generate and interpret financial reports to support decision-making. - Implement advanced Peachtree features for better financial management.
Course Structure:
1. Introduction to Peachtree Accounting
- Overview of Peachtree (Sage 50) and its features. - Peachtree interface and navigation: How to use Peachtree effectively. - Setting up a new company in Peachtree. - Configuring chart of accounts and general ledger. - Peachtree database and file management.
2. Managing Financial Transactions
- Recording sales, purchases, and payments in Peachtree. - Setting up customer and vendor records. - Managing accounts receivable and accounts payable. - Processing invoices, bills, and payments. - Applying payments to
3. Inventory and Stock Management - Setting up inventory items and product categories. - Managing stock levels, stock movements, and tracking inventory. - Creating inventory-related transactions such as purchase orders and sales orders. - Understanding inventory costing methods. - Running stock reports and reconciling inventory data.
4. Payroll Processing in Peachtree
- Setting up payroll items and employee records. - Processing payroll: Calculating salaries, wages, and deductions. - Managing taxes, employee benefits, and payroll liabilities. - Generating payroll reports and tax filings. - Handling payroll adjustments and year-end reports.
5. Generating Financial Reports
- Creating and interpreting financial reports: Income Statement, Balance Sheet, CashFlow Statement.
- Customizing reports for specific needs. - Generating sales, inventory, and tax reports. - Using Peachtree’s built-in reporting tools for analysis. - Exporting reports to Excel or
6. Bank Reconciliation and Cash Management - Setting up and managing bank accounts in Peachtree. - Performing bank reconciliation: Matching bank statements with Peachtree records. - Tracking and managing cash flows. - Recording deposits and withdrawals. - Generating cash-related reports.
7. Advanced Peachtree Features
- Setting up budgets and comparing budget vs. actual performance. - Implementing job costing and project management in Peachtree. - Managing fixed assets and depreciation. - Using Peachtree’s security features for multi-user access. - Customizing Peachtree for industry-specific needs.
8. Peachtree Troubleshooting
- Common Peachtree issues and how to troubleshoot them. - Best practices for data backup, recovery, and maintenance. - Keeping Peachtree software up to date. - Data integrity checks and error correction. - Managing user roles and permissions in Peachtree.
Learning Methodology:
- Interactive Lectures: Learn through structured lessons led by industry experts. - Hands-on Practice: Work with real-life case studies and examples using Peachtree
Accounting software. - Assessments and Quizzes: Regular assessments to evaluate understanding and reinforcelearning. - Live Sessions: Participate in live Q&A sessions for clarification and support. - Discussion Forums: Engage with peers and instructors in discussions to solve Peachtreerelated problems.
Who Should Enroll:
- Aspiring accountants and financial professionals looking to specialize in Peachtree
Accounting. - Small business owners and entrepreneurs who need to manage their finances usingPeachtree. - Accountants and financial managers responsible for managing bookkeeping, payroll, and financial reporting. - Students interested in pursuing a career in accounting and business management. - Anyone interested in learning how to use Peachtree for managing business finances
effectively
This Peachtree Accounting course is an essential learning path for anyone lookingtomaster Peachtree and improve their financial management skills. Whether you're anaccountant, a small business owner, or a professional seeking to manage financial
transactions and generate financial reports, this course will provide you with the
knowledge and skills necessary to use Peachtree effectively and efficiently.
