How to maintain the chart of accounts by using Peachtree complete accounting software

In order to maintain accounts in the file of existing company we are required to follow the following steps:

At the very first we open the Peachtree software from our computer. After that we open the existing company  from the following window that we have made erlier .

                                                     After opening our company file from our existing company .Then select the option Maintain from tab bar.

Here we select the chart of accounts and open it.When we open chart of account of the company the following window will display on the screen.

After that we Enter the account id of our account and then press the tab button from the keyboard to go to the next requirement that is Description of our account and then we write the Description of our account then hit the button tab from the keyboard to move to the other requirement, the next requirement is account id  here we select the account type you can see this process from the following window .

After filling and entering all the data then we will press the Alt _plus  S buttons to save it into the Chart of account of our Company.

How can we correct our mistakes ?or Correction in chart of accounts:

By mistake  if we have recorded the wrong Account id in  maintaining charts of account, description or account type of any account, we can correct it by clicking on the look up button as shown in the  following window .

And  then open the specific account  that we want to correct.

In order to change the account id we have to click on the change id option.

And then record the new account id, after entering  the correct information we can save it. The important thing that should be kept in mind is that we cannot change the recorded Account if we have entered any beginning or ending inventory against that account.

Now clicking the circle button and show the all transaction and press the beginning balance button show the new sheet (assets & liability) now both sides are equal and select the data and now complete the chart of account

 Now complete all the process of chart of accounts in this new setup  company .