1 / 8

Using Peachtree Complete for Accounting 1st Edition Glenn Owen

Using Peachtree Complete for Accounting 1st Edition Glenn Owen. Chapter Three Preparing an Income Statement and Statement of Retained Earnings Using Peachtree. Chapter 3 Income Statement. A specific period. Revenues. Expenses.

joseph-head
Download Presentation

Using Peachtree Complete for Accounting 1st Edition Glenn Owen

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Using Peachtree Complete for Accounting1st EditionGlenn Owen Chapter Three Preparing an Income Statement and Statement of Retained Earnings Using Peachtree

  2. Chapter 3Income Statement A specific period Revenues Expenses Using Peachtree Complete 2007 for Accounting, 1st edition

  3. Chapter 3To create and print a standard Income/earnings income statement • Open the file • Set the date. • Click Reports and then click Financial Statements. • Double-click <Standard> Income/Earnings. • Be sure the Print Page Numbers and Show Zero Amounts check boxes are unchecked. • Click OK. The resulting combined income and retained earnings • Click Print from the button bar and then click OK to print this report. Using Peachtree Complete 2007 for Accounting, 1st edition

  4. Chapter 3Financial Statement Wizard Using Peachtree Complete 2007 for Accounting, 1st edition

  5. Chapter 3Basic and ComparativeIncome Statement Using Peachtree Complete 2007 for Accounting, 1st edition

  6. Chapter 3Adding a Percentage to an Income Statement Using Peachtree Complete 2007 for Accounting, 1st edition

  7. Chapter 3Investigating Revenues Note that the Trans Description column is truncated (shortened) and thus not all text can be read. Note the balances are all showing negative. That’s because they’re credits! Using Peachtree Complete 2007 for Accounting, 1st edition

  8. Chapter 3Printing the Income Statement • Click Setup from the button bar, choose Landscape Orientation, and then click OK. • If the report still won’t fit on one page, change the column size of the Ref column, the Debit Amt, and the Credit Amt columns until the dotted blue vertical line on the right side of the screen disappears indicating the report will fit on one page. • Click Print on the button bar and then click OK in the print window to print this resized report. • Click Close to close this window but don’t save the changes. • Alternatively, Peachtree lets you turn off the truncating feature for this report thereby wrapping text around a column. • Reopen the general ledger report for a revenue account (Design and Planning), click Options from the button bar. • Uncheck the Truncate Transaction Description check box and then click OK. • Click Print on the button bar to print this reconfigured report. Using Peachtree Complete 2007 for Accounting, 1st edition

More Related