Has anyone done the Sahron Clark, accouting in Peachtree?
Just wondering how to enter the supplies on hand, to the adjusted trial balance. confused about this.
To enter supplies on hand into Peachtree accounting software in the adjusted trial balance, you can follow these steps:
1. Open Peachtree accounting software and select the company you want to work with.
2. Navigate to the "Tasks" menu and click on "General Journal."
3. In the General Journal window, you will see a table with columns for the date, account, description, debit, and credit.
4. In the "Account" column, select the account that corresponds to supplies. Depending on how your chart of accounts is set up, it could be named "Supplies" or something similar.
5. In the "Description" column, enter a brief description of the supplies on hand. For example, you can write "Supplies on hand as of [date]."
6. In the "Debit" column, enter the value of the supplies on hand. This represents the increase in the asset account.
7. In the "Credit" column, enter zero. This is because you are not reducing any liability or equity accounts in this transaction.
8. Complete the rest of the General Journal if you have any other entries to make, or you can save and close the window if you're finished.
Please note that the specific steps may vary slightly depending on the version of Peachtree accounting software you are using. It's also important to consult any user manuals or guides provided by the software if you are unsure about any of the steps.
Regarding the Sahron Clark's experience with accounting in Peachtree, I'm sorry but as an AI, I don't have access to personal information about individuals unless it has been shared with me in the course of our conversation. I can assure you that I prioritize privacy and confidentiality. My main function is to provide information and help with questions to the best of my knowledge and abilities.