Post on 08-Apr-2018
Peachtree Accounting
NATOGYI)
1.
2.
3.
1.
2.
3.
4.
1.
2.
3.
4.
1.
2.
3.
4.
1.
2.
3.
4.
AIT Computer
၊ - ၅၀၀
၂၀၁၁ ၊
( )
Ranger Offset
AIT Computer
− ၀၉ ၄၀၂၅၃၀၆၈၄
၂၅၀၀
CIP - ၀၀၆
Peachtree Accounting 2010 / ။
၊ ၊ ၊ ၂၀၁၁။
၁၄၈ ၊ ၁၈ × ၂၄ ။
(၁) Peachtree Accounting 2010
၁။ Computer Basic & DTP Course
Microsof Office 2010, Adobe PageMaker
၂။ Graphic Design Course
Photoshop, Illustrator, Indesign, Corel Draw
၃။ Video Editing Course
Power Director, Pinnacle, Premiere
၄။ A+ Course
Window XP, Vista, 7၊ Driver၊ Software၊ Utility
၅။ Network+ Course
၆။ Security+ Course
၇။ Programming Course
၈။ Web Design Course
Dreamweaver
၉။ Computerized Accounting Course
LCCI, MYOB, Peachtree
Accoun
Peachtree
၆
Peachtree
NATOGYI)
1 Introduction to Peachtree Accounting ........................................................... 1
1.1 Peachtree Accounting 2010 Version ......................................... 1
1.2 Feature ......................................................................... 2
2 Installing Peachtree Quantum 2010 ............................................................... 3
2.1 Peachtree Software ............................................ 3
2.2 Full Version Peachtree Software Registration ...... 11
3 Create a New Company File ....................................................................... 14
3.1 ............................................................. 14
4 Peachtree Procedure .................................................................................... 20
4.1 ................................................................................................. 20
4.2 Purchase Orders Process ...................................................................... 21
4.3 .............................................................................................. 22
4.4 Billing your customer ........................................................................... 22
4.5 Receiving Money ................................................................................. 23
5 ........................................................................ 24
5.1 Accounts .............................................................................. 27
5.2 Account Type ....................................................................................... 29
5.3 Numbering Account ............................................................................. 30
6 Creating an Account ....................................................... 32
6.1 Charts of Account ................................................................................ 35
7 .................................................................... 37
7.1 Event 1 ................................................................................................. 37
7.2 Customer ................................................... 40
8 ................................................................................ 45
8.1 Event 2 ................................................................................................. 45
9 ..................................................................................... 48
9.1 Event 3 ................................................................................................. 48
10 ............................................................................................. 54
10.1 Event 4 ................................................................................................. 54
11 .......................................................................... 62
11.1 Event 5 ................................................................................................. 62
12 ........................................................................................... 64
12.1 Event 6 ................................................................................................. 64
13 ........................................................................................ 66
13.1 Event 7 ................................................................................................. 66
14 .......................................................................................... 68
14.1 Event 8 ................................................................................................. 68
14.2 Event 9 ................................................................................................. 70
14.3 Event 10 ............................................................................................... 72
15 ............................................................................................. 75
15.1 Event 11 ............................................................................................... 75
16 .................................................................................. 77
16.1 Event 12 ............................................................................................... 77
17 ................................................................................... 79
17.1 Event 13 ............................................................................................... 79
17.2 Event 14 ............................................................................................... 81
17.3 Event 15 ............................................................................................... 82
18 ....................................................................................... 85
18.1 Event 16 ............................................................................................... 85
19 ......................................................................................... 87
19.1 Event 17 ............................................................................................... 87
20 Adjustment ........................................................................ 90
20.1 ........................................................... 91
20.2 (Office Equipment) ........................ 92
20.3 (Adjusting Closing Stock) ........................ 93
21 Trial Balance ........................................................................ 95
22 Income Statement ............................................................... 98
23 Balance Sheet .................................................................100
24 ...........................105
24.1 (Account) ..................................................................................105
24.2 (Ledger) ..................................................................................105
24.3 ..............................................................................................106
24.4 (Double Entry) ..................................................106
24.5 (Debit Side) ..............107
24.6 (Credit Side) .............107
24.7 Debit & Credit ....................................................................................108
24.8 ..............................................108
24.9 ....................................109
24.10 (Trial Balance) ..........................................................112
24.11 ERRORS .........................................................................................113
25 (Classification of Accounts) ........................117
25.1 .............................117
25.2 Ledger Accounts ............................120
26 .........................................................................124
26.1 Book Keeping Procedure ....................................................................124
27 ......................................................................................................128
27.1 (Cash Book) ...............................................................128
27.2 (Petty Cash Book) .........................................129
28 (Adjusting Entries) .................................................................134
28.1 (Provisions & Adjustings) ............134
29 (Final Account) ........................................................140
29.1 ...................................................................140
29.2 (Trading Account) ...............................................140
29.3 (Cost of Sales) .........................................................141
29.4 (Profit & Loss Account) ...........................................141
29.5 (Balance Sheet) ........................................................142
29.6 (Assets) ..............................................................................142
29.7 (Liabilities) ................................................................143
29.8 (Capital) .............................................................................143
30
(This Page is blank.)
P a g e | 1
NATOGYI) AIT Computer Centre
Chatpter 1
1 Introduction to Peachtree Accounting
LCCI
MYOB Accounting,
Peachtree Accounting, ACCPAC Accounting,
1.1 Peachtree Accounting 2010 Version
1. Peachtree First Accounting
2. Peachtree Pro Accunting
3. Peachtree Complete Accounting
P e a c h t r e e A c c o u n t i n g P a g e | 2
NATOGYI) AIT Computer Centre
4. Peachtree Premium Accounting
5. Peachtree Quantum
1.2 Feature
P a g e | 3
NATOGYI) AIT Computer Centre
Chapter 2
2 Installing Peachtree Quantum 2010
2.1 Peachtree Software
P e a c h t r e e A c c o u n t i n g P a g e | 4
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 5
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 6
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 7
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 8
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 9
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 10
NATOGYI) AIT Computer Centre
ါ
P e a c h t r e e A c c o u n t i n g P a g e | 11
NATOGYI) AIT Computer Centre
2.2 Full Version Peachtree Software Registration
Help
P e a c h t r e e A c c o u n t i n g P a g e | 12
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 13
NATOGYI) AIT Computer Centre
P a g e | 14
NATOGYI) AIT Computer Centre
Chapter 3
3 Create a New Company File
3.1
File
Next
P e a c h t r e e A c c o u n t i n g P a g e | 15
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 16
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 17
NATOGYI) AIT Computer Centre
atch
P e a c h t r e e A c c o u n t i n g P a g e | 18
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 19
NATOGYI) AIT Computer Centre
P a g e | 20
NATOGYI) AIT Computer Centre
Chapter 4
4 Peachtree Procedure
4.1
Tasks Purchase Orders
Purchase Invoice)
P e a c h t r e e A c c o u n t i n g P a g e | 21
NATOGYI) AIT Computer Centre
4.2 Purchase Orders Process
The process of entering and paying bill
P e a c h t r e e A c c o u n t i n g P a g e | 22
NATOGYI) AIT Computer Centre
4.3
Selling Goods and Services
Tasks Quotes/Sales Orders/Proposals
Sales Order
4.4 Billing your customer
Tasks Sales Invoicing
P e a c h t r e e A c c o u n t i n g P a g e | 23
NATOGYI) AIT Computer Centre
4.5 Receiving Money
Tasks Receipts
P a g e | 24
NATOGYI) AIT Computer Centre
Chapter 5
5
Golden Tiger Company
2004 Financial Year
1 January Golden Tiger Co., started in business with capital 500,000
Kyat by U Wai Phyo Aung.
2 January Golden Tiger Co., borrowed 300,000 from AWB Bank
’
3 March Purchased of Furniture worth 50,000 Kyat.
1 April Credit Purchase of 80,000 Kyat from Star Company.
1 April Carriage Inwords – 3,500 Kyat.
15 April Cash Purchase – 70,000 Kyat.
1 May Cash Sale – 75,000 Kyat.
6 June
18 June Cash Purchase 40,000.
1 July Purchased of office equipment 20,000.
3 July Cash Payment to Star Company – 80,000.
5 July Cash Receipt from Thitsar Store 15,000.
6 August Golden Tiger Co., drawed cash – 10.000.
P e a c h t r e e A c c o u n t i n g P a g e | 25
NATOGYI) AIT Computer Centre
1 October Payment to Advertising Co., 5,000.
3 October Cash Sale 60,000.
1 November Payment to Shop Rental 24,000.
31 December Payment to Salary 50,000.
P e a c h t r e e A c c o u n t i n g P a g e | 26
NATOGYI) AIT Computer Centre
Golden Tiger Co.,Ltd
Stock Ledger
1/1/04 to 31/12/04
No Date Description Stock Price Amount
Unit Kyat Kyat
1 1/Jan Capital 500,000
2 2/Jan Borrow AWB Bank 300,000
3 3/Mar Purchased of Furniture 50,000
4 1/Apr Credit Purchase of Book 400 200 80,000
5 Carriage Inword 3,500
6 15/Apr Cash Purchase 350 200 70,000
7 1/May Cash Sale 250 300 75,000
8 6/June Credit sale of Book to Thitsar 25,000
9 18/June Cash Purchase 40,000
10 1/Jul Purchased of Office Equipment 20,000
11 3/Jul Cash Payment to Star Co., 80,000
12 5/Jul Cash Receipt from Thitsar Store 15,000
13 6/Aug Golden Tiger Co., drawed cash 10,000
14 1/Oct Payment to Advertising Co., 5,000
P e a c h t r e e A c c o u n t i n g P a g e | 27
NATOGYI) AIT Computer Centre
15 3/Oct Cash Sale 60,000
16 1/Nov Payment to Shop Rental 24,000
17 31/Dec Payment to Salary 50,000
5.1 Accounts
Account You are
setting up
Account Type you
should select
Creditors Account Payable
Debtors Account Receivable
Provision for Depreciation of Car,
Building, Furniture Accumulated Depreciation
Cost of Goods Sold of Items, Freight
Charges Cost of Sales
Cash, Bank Cash
Capital Equity- ’
Drawing Equity-Gets Closed
Retained Earning Equity-Retained Earning
Telephone Charges, Salary, Wages,
Travelling Exp Expenses
P e a c h t r e e A c c o u n t i n g P a g e | 28
NATOGYI) AIT Computer Centre
Land, Building, Furniture, Motor
Vehicle Fixed Assets
Sales, Other Income Income
Inventory Items
Eg.Inventory Book Inventory
Long-Term Loan Long-term Liabilities
Investment, Deposit Other Assets
Prepaid Expenses, Accrued Income Other Current Assets
Accurued Expenses, Prepaid Income Other Current Liabilities
P e a c h t r e e A c c o u n t i n g P a g e | 29
NATOGYI) AIT Computer Centre
5.2 Account Type
1. Accounts Payable
2. Accounts Receivable
3. Accumulated Depreciation
4. Cash
5. Cost of Sales
6. Equity- ’
7. Equity gets closed
8. Equity Retained Earnings
9. Expense
10. Fixed Assets
11. Income
12. Inventory
13. Long Term Liabilities
14. Other Assets
15. Other Current Assets
16. Other Current Liabilities
P e a c h t r e e A c c o u n t i n g P a g e | 30
NATOGYI) AIT Computer Centre
5.3 Numbering Account
Numbering Account Type
1
Accounts Receivable
Accumulated Depreciation
Cash
Fixed Assets
Inventory
Other Assets
Other Current Assets
2
Accounts Payable
Long Term Liabilities
Other Current Liabilities
3
Equity- ’
Equity gets closed
Equity Retained Earnings
4 Income
5 Cost of Sales
6 Expense
P e a c h t r e e A c c o u n t i n g P a g e | 31
NATOGYI) AIT Computer Centre
No Account Type Number Examples
1 Assets
1000
−
2 Liabilities
2000
−
3 Equity
3000
−
4 Incomes
4000
−
5 Cost of Sales
5000
−
6 Expenses
6000
−
P a g e | 32
NATOGYI) AIT Computer Centre
Chapter 6
6 Creating an Account
Banking Chart
of Accounts
Se
P e a c h t r e e A c c o u n t i n g P a g e | 33
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 34
NATOGYI) AIT Computer Centre
1000 Cash Cash
P e a c h t r e e A c c o u n t i n g P a g e | 35
NATOGYI) AIT Computer Centre
6.1 Charts of Account
Account ID Description Account Type
1000 Cash Cash
1100 Bank Cash
1200 Advance Payment Other Current Assets
1300 Inventory Inventory
1400 Debtor Account Receivable
P e a c h t r e e A c c o u n t i n g P a g e | 36
NATOGYI) AIT Computer Centre
1500 Account Receivable Other Current Assets
1600 Fixed Assets Fixed Assets
1900 Accum: Depreciation Accumulated
Depraciation
2000 Creditor Account Payable
2400 Long Term Liabilities Long Term Liabilities
2500 Capital Eq ’
2600 Retained Earning Equity Retain Earning
2700 Drawing Equity Gets Closed
3000 Sales Income
4000 Cost of Goods Sold Cost of Sale
5000 Administrative Expenses Expenses
6000 Selling & Distribution Expenses
7000 Other Expenses Expenses
P a g e | 37
NATOGYI) AIT Computer Centre
Chapter 7
7
7.1 Event 1
1 January 2004 Golden Tiger Co., started in business with capital 500,000
Kyat.
Cash - Debit
Capital - Credit
Paid up Capital
Customer & Sale Receive Money Receive Money From Customer
Banking Receive Money Receive Money From Customer
P e a c h t r e e A c c o u n t i n g P a g e | 38
NATOGYI) AIT Computer Centre
-
P e a c h t r e e A c c o u n t i n g P a g e | 39
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 40
NATOGYI) AIT Computer Centre
7.2 Customer
Customer ID = 1
Name = Boss
GL sales Account = 2500
P e a c h t r e e A c c o u n t i n g P a g e | 41
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 42
NATOGYI) AIT Computer Centre
Print the General Ladger Report
Company Report
P e a c h t r e e A c c o u n t i n g P a g e | 43
NATOGYI) AIT Computer Centre
General Ledger General Ledger
P e a c h t r e e A c c o u n t i n g P a g e | 44
NATOGYI) AIT Computer Centre
P a g e | 45
NATOGYI) AIT Computer Centre
Chapter 8
8
8.1 Event 2
2 January 2004 Golden Tiger Co., borrowed 300,000 from AWB Bank
’
Cash - Debit
AWB Bank Loan - Credit
P e a c h t r e e A c c o u n t i n g P a g e | 46
NATOGYI) AIT Computer Centre
Customer ID = 2
Name = AWB Bank
GL Sales Account = 2401
P e a c h t r e e A c c o u n t i n g P a g e | 47
NATOGYI) AIT Computer Centre
P a g e | 48
NATOGYI) AIT Computer Centre
Chapter 9
9
9.1 Event 3
3 March 2004 Purchased of Furniture worth 50,000.
Furniture A/C - Debit
Cash - Credit
Venders & Purchases
Pay Bills Pay Bill
P e a c h t r e e A c c o u n t i n g P a g e | 49
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 50
NATOGYI) AIT Computer Centre
Vendor ID = 1
Name = Furniture
Expense Account = 1601
P e a c h t r e e A c c o u n t i n g P a g e | 51
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 52
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 53
NATOGYI) AIT Computer Centre
Print the Cash Payment Transaction
P a g e | 54
NATOGYI) AIT Computer Centre
Chapter 10
10
10.1 Event 4
1 April 2004 Credit Purchase of 80,000 from Star Company.
Inventory - Debit
Star Company - Credit
Set Up Inventory
Inventory & Services Inventory
Maintain Inventory It
P e a c h t r e e A c c o u n t i n g P a g e | 55
NATOGYI) AIT Computer Centre
Information
Item ID = 001
Description = Book
Item Class = Stock Item
GL Sales Account = 3000
GL Inventory Account = 1300
GL Cost of Sales Account = 4000
P e a c h t r e e A c c o u n t i n g P a g e | 56
NATOGYI) AIT Computer Centre
Set Up Vendors
Vendors & Purchases Vendors New Vendor
P e a c h t r e e A c c o u n t i n g P a g e | 57
NATOGYI) AIT Computer Centre
Vendor ID = 001
Name = Star Company
Expense Account = 4000
P e a c h t r e e A c c o u n t i n g P a g e | 58
NATOGYI) AIT Computer Centre
Inventory & Services Receive Inventory Receive
Inventory
P e a c h t r e e A c c o u n t i n g P a g e | 59
NATOGYI) AIT Computer Centre
Print the General Ladger
P e a c h t r e e A c c o u n t i n g P a g e | 60
NATOGYI) AIT Computer Centre
Print the Vendor Ladger
P e a c h t r e e A c c o u n t i n g P a g e | 61
NATOGYI) AIT Computer Centre
P a g e | 62
NATOGYI) AIT Computer Centre
Chapter 11
11
11.1 Event 5
1 April 2004 Carriage Inwords – 3,500.
Carriage Inword - Debit
Cash - Credit
Vendor ID = 2
Name = Carriage Inwords
Carriage Inword, Cost of Sales
P e a c h t r e e A c c o u n t i n g P a g e | 63
NATOGYI) AIT Computer Centre
P a g e | 64
NATOGYI) AIT Computer Centre
Chapter 12
12
12.1 Event 6
15 April 2004 Cash Purchase – 70,000.
Purchase - Debit
Cash - Credit
Cash Purchase, Cost of Sales
P e a c h t r e e A c c o u n t i n g P a g e | 65
NATOGYI) AIT Computer Centre
P a g e | 66
NATOGYI) AIT Computer Centre
Chapter 13
13
13.1 Event 7
1 May 2004 Cash Sale 75,000.
Cash - Debit
Sale - Credit
Customers & Sales Receive Money
P e a c h t r e e A c c o u n t i n g P a g e | 67
NATOGYI) AIT Computer Centre
P a g e | 68
NATOGYI) AIT Computer Centre
Chapter 14
14
14.1 Event 8
6 June 2004 Credit Sale of 25,000 to Thitsar Store.
Thitsar Store - Debit
Sale - Credit
Customers & Sales Customers New Customer
Customer ID = 001
Name = Thitsar Store
GL sales account = 3000
P e a c h t r e e A c c o u n t i n g P a g e | 69
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 70
NATOGYI) AIT Computer Centre
14.2 Event 9
18 June 2004 Cash Purchase 40,000.
Purchase - Debit
Cash - Credit
Vendor ID = 4
Name = Cash Purchase
Expense Account = 4000
P e a c h t r e e A c c o u n t i n g P a g e | 71
NATOGYI) AIT Computer Centre
Vendor ID = 4
Check number =004
Date = 18 Jun 2004
Amount = 40000
P e a c h t r e e A c c o u n t i n g P a g e | 72
NATOGYI) AIT Computer Centre
14.3 Event 10
1 July 2004 Purchased of office equipment 20,000.
Office Equipment - Debit
Cash - Credit
P e a c h t r e e A c c o u n t i n g P a g e | 73
NATOGYI) AIT Computer Centre
5, Office Equipment, 1602
Vendor ID = 5
Check number =006
Date = 1 Jul 2004
GL Account = 1602
Amount = 20000
P e a c h t r e e A c c o u n t i n g P a g e | 74
NATOGYI) AIT Computer Centre
P a g e | 75
NATOGYI) AIT Computer Centre
Chatper 15
15
15.1 Event 11
3 July 2004 Cash Payment to Star Company – 80,000.
Star Company - Debit
Cash - Credit
E
Pay Bill
Vendor ID = 001
Check number = 005
Date = 3 Jul 2004
Amount = 80000
P e a c h t r e e A c c o u n t i n g P a g e | 76
NATOGYI) AIT Computer Centre
P a g e | 77
NATOGYI) AIT Computer Centre
Chapter 16
16
16.1 Event 12
5 July 2004 Cash Receipt from Thitsar Store 15,000.
Cash - Debit
Thitsar Store - Credit
E
Customers & Sales Receive Money Receive Money from Customer
Customer ID
Amount Paid
Payment
P e a c h t r e e A c c o u n t i n g P a g e | 78
NATOGYI) AIT Computer Centre
P a g e | 79
NATOGYI) AIT Computer Centre
Chapter 17
17
17.1 Event 13
6 August 2004 Golden Tiger Co., drawed Cash 10,000.
Drawing - Debit
Cash - Credit
6, Boss, 2700
Vendor ID = 6
Check number = 007
Date = 6 August 2004
Amount = 10000
P e a c h t r e e A c c o u n t i n g P a g e | 80
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 81
NATOGYI) AIT Computer Centre
17.2 Event 14
1 October 2004 Payment to Advertising Co., 5,000.
Advertising - Debit
Cash - Credit
E
Ven
7, Advertising, 5001
Vendor ID = 7
P e a c h t r e e A c c o u n t i n g P a g e | 82
NATOGYI) AIT Computer Centre
Check number = 008
Date = 1 Oct 2004
Amount = 5000
17.3 Event 15
3 October 2005 Cash Sale 60,000.
Cah - Debit
Sale - Credit
P e a c h t r e e A c c o u n t i n g P a g e | 83
NATOGYI) AIT Computer Centre
Customer ID = 3
Reference = 009
Date = 3 Oct 2004
Amount = 60000
P e a c h t r e e A c c o u n t i n g P a g e | 84
NATOGYI) AIT Computer Centre
P a g e | 85
NATOGYI) AIT Computer Centre
Chapter 18
18
18.1 Event 16
1 November 2004 Payment to Shop Rental 24,000.
Shop Rental - Debit
Cash - Credit
E ါ
P e a c h t r e e A c c o u n t i n g P a g e | 86
NATOGYI) AIT Computer Centre
Customer ID = 8
Check Number = 010
Date = 1 Nov 2004
GL Account = 5002
Amount = 24000
P a g e | 87
NATOGYI) AIT Computer Centre
Chapter 19
19
19.1 Event 17
31 December 2004 Payment to Salary 50,000.
Salary - Debit
Cash - Credit
E ါ
9, Salary, 5003
P e a c h t r e e A c c o u n t i n g P a g e | 88
NATOGYI) AIT Computer Centre
Customer ID = 9
Check Number = 012
Date = 31 Dec 2004
GL Account = 5003
Amount = 50000
P e a c h t r e e A c c o u n t i n g P a g e | 89
NATOGYI) AIT Computer Centre
P a g e | 90
NATOGYI) AIT Computer Centre
Chapter 20
20 Adjustment
E
Co
E
P e a c h t r e e A c c o u n t i n g P a g e | 91
NATOGYI) AIT Computer Centre
20.1
Furniture Depreciation 10 %
Dep of Furniture - Debit
Account of Dep Furniture - Credit
P e a c h t r e e A c c o u n t i n g P a g e | 92
NATOGYI) AIT Computer Centre
20.2 (Office Equipment)
Office Equipment Depreciation 10 %
Dep of Office Equipment - Debit
P e a c h t r e e A c c o u n t i n g P a g e | 93
NATOGYI) AIT Computer Centre
Account of Dep Office Equipment - Credit
20.3 (Adjusting Closing Stock)
Closing Stock Inventory - Debit
Closing Stock COS - Credit
P e a c h t r e e A c c o u n t i n g P a g e | 94
NATOGYI) AIT Computer Centre
P a g e | 95
NATOGYI) AIT Computer Centre
Chapter 21
21 Trial Balance
Company
General Ledger
P e a c h t r e e A c c o u n t i n g P a g e | 96
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 97
NATOGYI) AIT Computer Centre
P a g e | 98
NATOGYI) AIT Computer Centre
Chapter 22
22 Income Statement
Financial Statements
P e a c h t r e e A c c o u n t i n g P a g e | 99
NATOGYI) AIT Computer Centre
P a g e | 100
NATOGYI) AIT Computer Centre
Chapter 23
23 Balance Sheet
Balance Sheet, 31 December 2004
Financial Statements Balance Sheet
P e a c h t r e e A c c o u n t i n g P a g e | 101
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 102
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 103
NATOGYI) AIT Computer Centre
P e a c h t r e e A c c o u n t i n g P a g e | 104
NATOGYI) AIT Computer Centre
Manual Accounting
P a g e | 105
NATOGYI) AIT Computer Centre
၂ ၄
24
24.1 (Account)
The form of record kept with each item is known as an account.
(Transactions)
24.2 (Ledger)
A group of accounts is known as a ledger.
P e a c h t r e e A c c o u n t i n g P a g e | 106
NATOGYI) AIT Computer Centre
24.3
Debit( ) Credit( )
………………Account
Debit Size Credit Size
Date Particular Fo Amount Date Particular Fo Amount
24.4 (Double Entry)
For every transaction, there must be a debit in one account and a credit in
another account.
Transaction Account
(Double Entry) Account
Debit Side Account Credit Side
Dr Cr Dr Cr
xxxxx xxxxxx
P e a c h t r e e A c c o u n t i n g P a g e | 107
NATOGYI) AIT Computer Centre
Debit -
Credit -
24.5 (Debit Side)
24.6 (Credit Side)
P e a c h t r e e A c c o u n t i n g P a g e | 108
NATOGYI) AIT Computer Centre
24.7 Debit & Credit
24.8
P e a c h t r e e A c c o u n t i n g P a g e | 109
NATOGYI) AIT Computer Centre
24.9
P e a c h t r e e A c c o u n t i n g P a g e | 110
NATOGYI) AIT Computer Centre
(Cash Acco
(Creditor Accoun
(Purchase Returned Acco
P e a c h t r e e A c c o u n t i n g P a g e | 111
NATOGYI) AIT Computer Centre
(Debtor)
(Creditor)
(Balance Carried Down) (Balance C/D)
P e a c h t r e e A c c o u n t i n g P a g e | 112
NATOGYI) AIT Computer Centre
24.10 (Trial Balance)
The balance of each account is listed on the trial balance. If the total of
two columns agree, we can say that the book-keeping is arithmetically accurate.
(Trial Balance)
Debit Credit
…………… Account xxxxx
…………… Account xxxxx
…………… Account xxxxx
…………… Account xxxxx
100000 100000
P e a c h t r e e A c c o u n t i n g P a g e | 113
NATOGYI) AIT Computer Centre
24.11 ERRORS
Errors not affecting trial balance agreement
1.Errors of Omission
Eg: Office furmiture has been purchased for E 215 on credit form Deelers
Ltd and has not been recorded.
P e a c h t r e e A c c o u n t i n g P a g e | 114
NATOGYI) AIT Computer Centre
2.Errors of Commission
Eg:A sale of goods E 190 on credit to T. Winter had been entered in the
account of D. Winter.
−
3.Reversal of entries
Eg: Purchase of goods for cash E 360 has been entered as debit to cash
account and a credit to purchase account.
−
4.Error of principle
Eg: A payment of 315 for repairs to the motor vehicle has been wrongly
debited to motro vehicle account.
P e a c h t r e e A c c o u n t i n g P a g e | 115
NATOGYI) AIT Computer Centre
−
5.Error of original entry
Eg: A sale of goods E 87 on credit to F. Sharp has been entered in the
books as E 78.
−
6.Compensating error
Eg: Telephone account is over-stated by E 10 and sales account is also
over-stated by E 10 .
(Errors of Compensating)
−
P e a c h t r e e A c c o u n t i n g P a g e | 116
NATOGYI) AIT Computer Centre
7.Error of Duplication
Eg: A transaction is entered correctly in the book and then, in error, is
entered again.
P a g e | 117
NATOGYI) AIT Computer Centre
၂ ၅
25 (Classification of Accounts)
25.1
Ledger Account
Personal Accounts Impersonal Accounts
Real Accounts Nominal Accounts
Expenses Income
P e a c h t r e e A c c o u n t i n g P a g e | 118
NATOGYI) AIT Computer Centre
Cash
E
E
Real Account = Cash A/C, Bank A/C, Stock A/C, Car A/C, Furniture
A/C, Building A/C
Expense Account = Rent Paid A/C, Salary A/C, Wages A/C, Telephone
Charges A/C, Interest Paid A/C, Discount Allowed A/C
P e a c h t r e e A c c o u n t i n g P a g e | 119
NATOGYI) AIT Computer Centre
Income Account = Rent Received A/C, Interest Received A/C, Other
Income A/C, Discount Received A/C
1. Land & Building Account
2. Electircity Bill Account
3. Thomas Account
4. Plant & Machinery Account
5. Furniture Account
6. Discount Allowed Account
7. Discount Received Account
8. Interest Payable Account
9. Interest Receivable Account
10. Insurance Account
11. Insurance Receivable Account
12. Light & Heat Account
13. Motor Vehicles Account
14. Frederick Williams Account
15. Stationary Account
16. Wages & Salaries Account
17. Rent & Rates Account
18. Commission Receivble Account
19. Cash & Bank Account
1. Real Accounts
2. Expense Accounts
3. Personal Account
P e a c h t r e e A c c o u n t i n g P a g e | 120
NATOGYI) AIT Computer Centre
4. Real Account
5. Real Account
6. Expense Account
7. Income Account
8. Expense Account
9. Income Account
10. Expense Account
11. Income Account
12. Expense Account
13. Real Account
14. Personal Account
15. Expense Account
16. Expense Account
17. Expense Account
18. Expense Account
19. Income Account
20. Real Account
25.2 Ledger Accounts
Real Account
Debit - what comes in
Credit - what goes out
P e a c h t r e e A c c o u n t i n g P a g e | 121
NATOGYI) AIT Computer Centre
Personal Account
Debit - Receiver
Credit - Giver
Creditors
Nominal Account
Debit - Expenses
P e a c h t r e e A c c o u n t i n g P a g e | 122
NATOGYI) AIT Computer Centre
Credit - Income
E
E
Capital Account
Drawing Account
Purchases Account
(Goods,Stocks,Merchandise
P e a c h t r e e A c c o u n t i n g P a g e | 123
NATOGYI) AIT Computer Centre
Sales Account
−
Purchases Return Account
Sales Return Account
Sales Return A
Balance c/d
− Balance c/d or balance c/f
i.e Balance carried down or Balance carried forward.
Balance b/d
− Balance b/d or Balance b/f
i.e Balance brought down or Balance brought forward.
P a g e | 124
NATOGYI) AIT Computer Centre
၂ ၆
26
26.1 Book Keeping Procedure
1.
2.
3. T
4. E
5. E
6.
P e a c h t r e e A c c o u n t i n g P a g e | 125
NATOGYI) AIT Computer Centre
Writing in the relevant Day Books
Journal
Cash Book
Sale Day Book
Sale Returned Day Book
Purchase Day Book
Purchase Returned Day Book
Petty Cash Book
Vourcher
General Ledger
Sale Ledger
P e a c h t r e e A c c o u n t i n g P a g e | 126
NATOGYI) AIT Computer Centre
Purchase Ledger
Debit Credit
xxxxx xxxxx
E
Depreciation of fixed Assets
Bad Debts & Provision for Bad Debts
Accrued Income or Account Receivable
Accrued Expenses or Account Payable
P e a c h t r e e A c c o u n t i n g P a g e | 127
NATOGYI) AIT Computer Centre
Prepaid Expenses or Advance Payment
Pre-received Income or Advnace Receipt
Adjusting the Closing Stock
E
Trading, Profit & Loss Account
Balance Sheet
P a g e | 128
NATOGYI) AIT Computer Centre
၂ ၇
27
27.1 (Cash Book)
−
Cash Book
Date Particular Fo Cash Date Particular Fo Cash
Balance b/d xxxxx
Balance c/d xxxxx
Balance b/d xxxxx xxxxx
P e a c h t r e e A c c o u n t i n g P a g e | 129
NATOGYI) AIT Computer Centre
27.2 (Petty Cash Book)
− Credit
− Debit
P e a c h t r e e A c c o u n t i n g P a g e | 130
NATOGYI) AIT Computer Centre
(Petty Cash Book) R
ecei
pt
Fo
Dat
e
Par
ticu
lar
Vo
uche
r N
o
To
tal
Car
Exp
Po
stag
e
Tra
vel
ling
Ex
pen
se
Wag
es
20 Feb
1
Balanc
e b/d
80 Feb
1
Cash
Restore
d
75
Feb
28
Balanc
e c/d
25
100 100
25 Mar
1
Balanc
e b/d
75 Mar
1
Cash
Restore
d
P e a c h t r e e A c c o u n t i n g P a g e | 131
NATOGYI) AIT Computer Centre
Journal Day Book
Date Particular Folio Debit Credit
April 1 Cash A/C 300,000
Capital A/C 300,000
P e a c h t r e e A c c o u n t i n g P a g e | 132
NATOGYI) AIT Computer Centre
Sale Day Book
Date Invoice No Debtors Name Fo Amount
Total
Purchase Day Book
Date Invoice No Creditors Name Fo Amount
Total
P e a c h t r e e A c c o u n t i n g P a g e | 133
NATOGYI) AIT Computer Centre
Sale Returned Book
Date Invoice No Debtors Name Fo Amount
Total
Purchase Returned Book
Date Invoice No Creditors Name Fo Amount
Total
P a g e | 134
NATOGYI) AIT Computer Centre
၅
28 (Adjusting Entries)
28.1 (Provisions & Adjustings)
(Depreciation of Fixed Assets)
(Bad Debts & Provision for Bad Debts)
(Accrued Income or Account Receivable)
(Accrued Expense or Account Payable)
(Prepaid Expense or Advance Payment)
(Pre-recicvede Income or Advance Receipt)
(Adjusting the Closing Stock)
(Depreciations of Fixed Asset)
P e a c h t r e e A c c o u n t i n g P a g e | 135
NATOGYI) AIT Computer Centre
(Depreciation Methods)
(Straight Line Methods)
(Reducing Methods)
(Bad Debts & Provision for Bad Debts)
(Bad Debts)
Debit
P e a c h t r e e A c c o u n t i n g P a g e | 136
NATOGYI) AIT Computer Centre
= Credit
(Provision for Bad Debts)
(Accrued Income or Account Receivable)
−
− Debit
− Credit
P e a c h t r e e A c c o u n t i n g P a g e | 137
NATOGYI) AIT Computer Centre
(Accrued Expense or Account Payable)
−
− Debit
− Credit
(Prepaide Expense or Advance Payment)
P e a c h t r e e A c c o u n t i n g P a g e | 138
NATOGYI) AIT Computer Centre
−
−
− Debit
− Credit
(Pre-receivede Income or Advance Receipt)
−
− Debit
P e a c h t r e e A c c o u n t i n g P a g e | 139
NATOGYI) AIT Computer Centre
− Credit
(Adjusting the Closing Stock)
− Debit
− Credit
P a g e | 140
NATOGYI) AIT Computer Centre
၂ ၉
29 (Final Account)
29.1
29.2 (Trading Account)
= -
Gross Profit = Sales − Cost of Sales
= -
Gross Loss = Cost of Sales − Sales
P e a c h t r e e A c c o u n t i n g P a g e | 141
NATOGYI) AIT Computer Centre
29.3 (Cost of Sales)
(Opening Stock) xxx
(Purchase) xxx
(−) (Purchase Returned) (xx)
(Carriage Inwords) xxx xxx
(−) (Closing Stock) (xxx)
(Cost of Sales) xxxx
29.4 (Profit & Loss Account)
+ − =
Gross Profit + Income - Expenses = Net Profit
P e a c h t r e e A c c o u n t i n g P a g e | 142
NATOGYI) AIT Computer Centre
29.5 (Balance Sheet)
= +
Assets = Capital + Liabilities
29.6 (Assets)
(Fixed Assets)
(Current Assets)
P e a c h t r e e A c c o u n t i n g P a g e | 143
NATOGYI) AIT Computer Centre
29.7 (Liabilities)
(Current Liabilities)
(Long term Liabilities)
29.8 (Capital)
P e a c h t r e e A c c o u n t i n g P a g e | 144
NATOGYI) AIT Computer Centre
Trading, Profit & Loss Account
Sales xxxxxx
(-) Sales Returned (xxx)
(-) Carriage Outward (xxx) xxxxx
(-) Cost of Sales
Opening Stock xxxx
Purchases xxxx
(-) Purchase Returned (xxx)
(+) Carriage Inward xxx xxxx
(-) Closing Stock (xxxx) (xxxxx)
Gross Profit xxxxx
Income xxxx
Dis: Received xxxx
Interest Received xxxx xxxx
(-) Expenses
Dis: Allowed xxx
Depreciations xxx
P e a c h t r e e A c c o u n t i n g P a g e | 145
NATOGYI) AIT Computer Centre
Bad Debts xxx
Telephone xxx
Travelling xxx
Wages xxx
Salary xxx (xxxx)
Net Profit xxxx
P e a c h t r e e A c c o u n t i n g P a g e | 146
NATOGYI) AIT Computer Centre
Balance Sheet
Assets
Fixed Assets
Motor Vehicle xxxx
(-) Provisions for Depreciation (xxx) xxxx
Furniture xxxx
(-) Provisions for Depreciation (xxx) xxxx xxxxx
Current Assets
Closing Stock xxxx
Debtors xxxx
(-)Provisions for Bad Debts (xxx) xxxx
Prepaid Expenses xxxx
Accrued Income xxxx
Cash xxxx
Bank xxxx xxxxx
xxxxxx
Capital & Liabilities
Capital xxxx
P e a c h t r e e A c c o u n t i n g P a g e | 147
NATOGYI) AIT Computer Centre
(+)Net Profit or xxx
(-)Net Loss (xxx)
(-) Drawing (xxx) xxxxx
Liabilities
Current Liabilities
Creditors xxxx
Bank Overdraft xxxx
Accured Expenses xxx
Pre-received Income xxx xxxxx
Long Term Liabilities
Loan xxxx
Bank Loan xxxx xxxxx xxxxx
xxxxxx
P e a c h t r e e A c c o u n t i n g P a g e | 148
NATOGYI) AIT Computer Centre
Accounting Formula
Profit = Income – Expense
Income
Expense
Profit
Loss = Expense - Income
Income
Expense
Loss
Assets = Capital + Liabilities
Assets
Capital
Liabilities
၁။ ။
၂။
။
၃။ ။
၄။ Peachtree
။
။
၅။ Peachtree A
။
၆။ Excel , Peachtree MYOB
။
၇။
။
Computer Basic Course & D.T.P
၊ ၊ Myanmar
Unicode 3 ၊ ၊ ၊
၊ ၊
၊ ၊
။
(1) Introduction to Window System
(2) English & Myanmar Typing
Win Innwa
Myanmar Unicode 3
(3) Microsoft Office Word 2010
(4) Microsoft Office Excel 2010
(5) Microsoft Office PowerPoint 2010
(6) Adobe PageMaker 7.0
(7) Adobe InDesign CS5
(8) Microsoft Paint
(9) Window Explorer
(10) MultiMedia
(11) Using E-mail & Internet
Internet Explorer
Mozilla Firefox
Gtalk & Gmail
Internet Download Manager
(12) MP3,MP4 Converting
Format Factory, Xilisoft Converter
(13) Nero Burning
Graphic Design Course
၊ ၊ ၊
၊ ၊ ၊ ၊
၊ ။
(1) Introduction to Window System
(2) English & Myanmar Typing
Myanmar Unicode 3
(3) Adobe PhotoShop CS3
(4) Adobe Illustrator CS3
(5) Corel Draw 15
(6) Window Explorer
(7) Software Security & Maintenance
(8) Multimedia
Jet Audio 7
Power DVD 11
GOM Player
VLC Player
iTune
(9) Nero Burning
Close Disk
Multi Session Disk
(10) Antivirus Software
Kaspersky Antivirus 2012 & Update
(11) Manual-killing Virus
Virus in Memory Stick
Video Editing Course
၊ ၊ ၊
၊ , ၊
၊
။
(1) ShowBiz DVD 2
(2) Pinnacle Studio v 15
(3) Ulead Video Studio v14
(4) Power Director v 9
(5) Premiere Pro 1.5
(6) Creating DVD(Procoder, Movie Factory 7,TMPEG Encoder)
(7) Special Title & Karaoke Title(Ulead Cool 3 D, Other)
(8) Plug-Ins Linking
ProDAD Adorage
Pinnalce Hollywood FX
Canopus Video FX
Boris FX 9
Procoder
(9) Other Editing Software
Edius 6
Sony Vegas Pro 9
Sony DVD Architect Pro 5.0
Adobe Encore
After Effect
Cinema 4D
3D MAX
A+ Hardware Course
System Unit CPU,
Memory, Motherboard, Hard Disk, Power Supply, UPS ....
။
။
O.S ၊ Hardware Drivers
၊ Fonts ၊ Virus
Antivirus Software Install ၊ Update ၊
Application Software ( ၊ ၊
၊ )
+
။
။
Pratical Skills Experience
။
(1) Understanding Hardware in detail
(2) Installing Operating System
Window XP,Window Vista,Window 7,Window 8
(3) Installing Driver
(4) Installing Application Software
(5) Installing System Utility & Using them
(6) Linking Plug-in File for Video Editing and 3D MAX
(7) Installing Game & How to crack them
(8) Installing Internet Software & How to use them
(9) Installing Antivirus & How to update them
(10) Killing Virus using Registry, Group Policy, Security Policy
(11) Networking Basic (LAN, Internet, WiFi)
Networking Course
။
။
၊ ၊
၊ ၊ ၊
။
၊ ၊
၊ ၊ ၊
။
Networking Cour
။
၊ ၊
Ro
၊ ၊
၊ ၊
၊
။
Advanced Information Technology for All
။ ။
။
။
။ ၊
။ -
။
1 English Typing (Mavis Beacon v 20,..)
2 Myanmar Typing (Win Innwa, Myanmar Unicode, Zawgyi Unicode,…)
3 Microsoft Office Suite 2010 (Word, Excel, PowerPoint, Visio, ..) and Paint
4 Adobe PageMaker 7
။ ။
၊ ၊ ၊ ။
1 Adobe Photoshop CS5
2 Nero Burning or Other Burning (Alcohol, etc..)
။
။ ။
။
။
။
1 ArcSoft ShowBiz DVD v 2
2 Pinnacle v 15
3 Power Director v 9
4 Ulead Video Studio v 13
5 Adobe Premiere Pro CS 5
။ ။
။
။
။
၊
။ - ၊ -
။ -
။
Networking ။ ။ ၊
။ ။ ၊ ၊
။
Softw
။ ။
။
။
။
။
။
။ ။
။
AIT Computer Centre
AIT -၁ (NATOGYI)
AIT -၂ Window Registry (NATOGYI)
AIT -၃ A+ (NATOGYI)
AIT -၄ Microsoft Window (NATOGYI)
AIT -၅ Local Area Netwrok (NATOGYI)
AIT -၆ ShowBiZ DVD v 2 (NATOGYI)
AIT -၇ Ulead Video Studio v 13 (NATOGYI)
AIT -၈ Power Director v 9 (NATOGYI)
AIT -၉ Pinnacle Studio v 15 (NATOGYI)
AIT -၁၀ Adobe Premiere Pro v 1.5 (NATOGYI)
AIT -၁၁ MS Office Word 2010 (NATOGYI)
AIT -၁၂ Software Installation Guide (NATOGYI)
AIT -၁၃ Cafe Suite (NATOGYI)
AIT -၁၄ MYOB Accounting (NATOGYI)
AIT -၁၅ Wireless Network (NATOGYI)
AIT -၁၆ Modem & Internet (NATOGYI)
AIT -၁၇ Internet Gateway Server (NATOGYI)
AIT -၁၈ Web Server (NATOGYI)
AIT -၁၉ File Server (NATOGYI)
AIT -၂၀ Active Directory (NATOGYI)
AIT -၂၁ DHCP Server (NATOGYI)
AIT -၂၂ Computer Basic (NATOGYI)
AIT -၂၃ Peachtree Accounting 2010 (NATOGYI)
AIT -၂ ၄ VPN Server (NATOGYI)
AIT -၂ ၅ PageMaker 7 (NATOGYI)
AIT -၂ ၆ Group Policy (NATOGYI)
AIT -၂ ၇ Network Security (NATOGYI)
AIT -၂၈ DNS Server (NATOGYI)
AIT -၂၉ Office Excel 2010 (NATOGYI)
AIT -၃၀ Office PowerPoint 2010 (NATOGYI)
AIT -၃၁ Net Station (NATOGYI)
AIT -၃၂ Cafezee (NATOGYI)
၁။ ၊ ၊ ၃ ။
၂ ။ ၊ ၊
၊ ၊
၊ ၊ ၊
၊ ။
၃။
။
၄။ ၁၉၉၉ ၁၀ ၂ ၊
၊ ၊ ၊
၊ ၊
။
၅။ ၊
၊ ၊
။
၆။ ၊ ။
၇။ ၊
။
၈။
IDCS, IADCS, B. ။
၉။
(Syscon Computer Centre ။
၁ ။
။
၁၁။
၊ ၊ ၊
။
(Systemer)