Expert answer:DEVRY ACCT571 WEEK 3 Peachtree Lab 1 of 5: General

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Summary

In this Lab you will begin using Peachtree Complete
2010 General Ledger Accounting Software. All of your work will be done
using the following:
Practice Set: “Comprehensive Assurance &
Systems Tool (CAST), An Integrated Practice Set, 2nd Ed., by Laura R.
Ingraham and J. Gregory Jenkins. This Practice Set uses the “Winery at
Chateau Americana” case project.
Peachtree Complete 2010 software available from the iLab tab under Course Home

Deliverables

Create a file named PT_Lab_1_LastName_FirstInitial.docx. It should contain screen prints of your work as indicated in the lab steps.

i L A B S T E P S

STEP 1: Preparation

Open a Word document and save it as PT_Lab_1_LastName_FirstInitial.docx. This is where you will paste your screen shots of your progress through this Lab.
At the top of the Word document, add the following:

Your Name
Your Instructor’s name
Course Number
Date
Peachtree Lab

When indicated in the lab steps, take a
screenshot of your computer screen and paste it to this file. At the end
of the Lab, you will upload this Word document containing the screen
shots to this week’s Lab dropbox.
Review the Tutorial: “General Ledger – Setup New Company”
Read pages AIS-35 to AIS-49 in the CAST Practice Set Book
Start Peachtree: Open the iLab Tab in Course Home and then click on the “Toolwire” link.

STEP 2: Setting up a new company

Starting on page AIS-36: “SETTING UP A NEW COMPANY”, complete Requirements 1-11.
At Requirement # 4 on page AIS-44, take a screenshot and paste it to your Word document.
Label this screenshot – “New Company”
Note: You can close the file and Peachtree will automatically save your work.

STEP 3: Setting up a General Ledger

Starting on page AIS-40: “SETTING UP THE GENERAL LEDGER”, complete steps 1 thru 5.
Note: You can close the file and Peachtree will automatically save your work.

STEP 4: Setting Up Beginning Balances

Starting on page AIS-46: “SETTING UP BEGINNING BALANCES”, complete steps 1 thru 4.
At step 3, page AIS-46, make a screenshot and paste it to your Word document.
Label this screenshot – “Beginning Balances”

STEP 5: Setting Up User Security

Starting on page AIS-46: “SETTING UP USER SECURITY”, complete steps 1 thru 9.

STEP 6: Submitting the Deliverables

Close Peachtree and your work will be automatically saved by Peachtree.
Deliverable
Save your Word document containing your two screen shot.
Submit the Word document to this week’s Lab dropbox.