Duration: 6 Months
• To provide learners with practical knowledge of computerized accounting using Peachtree
• To develop skills in recording, processing, and managing financial transactions digitally
• To enable learners to generate financial reports for business decision-making
• To enhance understanding of accounting principles applied within accounting software
• To prepare learners for entry-level accounting and finance roles in organizations
Upon successful completion of the course, learners will be able to:
- Understand the interface and functionality of Peachtree Accounting software
- Create and manage company accounts within the system
- Record day to day financial transactions including sales, purchases, receipts, and payments
- Maintain ledgers, inventory, and payroll using Peachtree
- Generate and interpret financial reports such as income statements and balance sheets
- Apply accounting concepts accurately within a computerized environment
- Ensure data accuracy, security, and backup procedures
Module 1: Introduction to Computerized Accounting & Peachtree
• Introduction to computerized accounting systems
• Features and advantages of Peachtree
• Installation and setup of software
• Overview of user interface and navigation
• Creating a new company and chart of accounts
• Accounting principles in software environment
Module 2: Company Setup and Ledger Management
• Setting up company information
• Creating and managing chart of accounts
• General ledger transactions
• Opening balances and adjustments
• Journal entries and corrections
• Maintaining subsidiary ledgers
Module 3: Accounts Payable and Receivable
• Managing customers and vendors
• Recording sales invoices and credit notes
• Recording purchase invoices and debit notes
• Payment processing and receipt entries
• Aging analysis of receivables and payables
• Handling discounts and returns
Module 4: Inventory and Payroll Management
• Inventory setup and item management
• Stock valuation and tracking
• Purchase and sales of inventory items
• Payroll setup and employee records
• Salary processing and deductions
• Generating payroll reports
Module 5: Financial Reporting and Data Management
• Generating financial statements (Income Statement, Balance Sheet)
• Cash flow statements and trial balance
• Customizing and exporting reports
• Bank reconciliation
• Data backup and restoration
• Error detection and troubleshooting
• Security and user access control