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Peachtree Accounting Project Work

This document provides instructions for two Peachtree Accounting projects worth a total of 40% of the student's grade. Students will work in groups of up to 3 people. For each project, students must set up a company in Peachtree Accounting, maintain accounts and records, and prepare various financial reports including income statements, balance sheets, cash flow statements, and audit reports. Projects I and II require submitting the Peachtree company file on CD along with hard copies of the required reports.

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Habtamu Tezera
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© Attribution Non-Commercial (BY-NC)
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Download as DOCX, PDF, TXT or read online on Scribd
2K views

Peachtree Accounting Project Work

This document provides instructions for two Peachtree Accounting projects worth a total of 40% of the student's grade. Students will work in groups of up to 3 people. For each project, students must set up a company in Peachtree Accounting, maintain accounts and records, and prepare various financial reports including income statements, balance sheets, cash flow statements, and audit reports. Projects I and II require submitting the Peachtree company file on CD along with hard copies of the required reports.

Uploaded by

Habtamu Tezera
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Peachtree Accounting Project Work Instruction (for Both Project I

and Project II)

Max Mark: 40% (20% for project I and 20% project II)
Max group members: 3

Instruction
1. Create the company and set up the necessary information
2. Maintain chart of accounts, customer, vendor, inventory and other information
3. Record the transactions

4. Prepare the following report and submit using hard copy


a. Chart of account
b. The four basic financial statement
i. Income statement
ii. Balance sheet
iii. Cash flow statement
iv. Retained Earnings statement
c. Trail Balance
d. Customer master file list
e. Sales journal
f. Vendor master file list
g. Purchase journal
h. Audit Trial Report

NB:
 The both project works (I and II) will be submitted on CD (backup the company) and
hard copy the reports listed under instruction 5
 Project I- on your manual (Bole Cosmetics Retail Company) and Project II(MYBA plc)
 You can contact your instructors for any concern about your project work

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