Beginning balances of Chart of Accounts

Beginning balances in chart of accounts

Open up the existing company in the Peachtree software

After opening the home page go to the “Maintain” option

Then click on Chart of the Accounts to put begning balances of accounts

Dialogue box of chart of accounts will open

Click on the arrow button in front of Beginning Balance

Now select the Period in which balances of accounts is to be enter

And click OK

Now enter the beginning balances of accounts

This is how you enter beginning balances in chart of accounts