chapter 1: introduction to bellwether garden supply copyright © 2010 by the mcgraw-hill companies,...

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Chapter 1: Chapter 1: Introduction to Introduction to Bellwether Garden Bellwether Garden Supply Supply Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved McGraw-Hill/Irwin McGraw-Hill/Irwin

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Chapter 1:Chapter 1:Introduction to Bellwether Introduction to Bellwether

Garden SupplyGarden Supply

Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.reserved.

McGraw-Hill/McGraw-Hill/IrwinIrwin

The Sample Company –The Sample Company –Bellwether Garden SupplyBellwether Garden Supply

The sample company, Bellwether Garden Supply, is The sample company, Bellwether Garden Supply, is shown in Chapters 1-7. You learn about the basic shown in Chapters 1-7. You learn about the basic features of Peachtree Complete Accounting 2009 features of Peachtree Complete Accounting 2009 (PCA). Completing these chapters will help you (PCA). Completing these chapters will help you become familiar with the software. become familiar with the software. The Peachtree CD packaged with the book includes The Peachtree CD packaged with the book includes the company data for Bellwether Garden Supply the company data for Bellwether Garden Supply (Chapters 1-7) and Stone Arbor Landscaping (Chapters 1-7) and Stone Arbor Landscaping (Chapter 8). On the startup window these two (Chapter 8). On the startup window these two companies are identified as the sample companies.companies are identified as the sample companies.In Chapters 9-18 and Projects 1-4A, you build In Chapters 9-18 and Projects 1-4A, you build company data from scratch. Computer accounting company data from scratch. Computer accounting skills are reviewed in more depth beginning in skills are reviewed in more depth beginning in Chapter 9. Chapter 9.

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Software Objectives, p. 3Software Objectives, p. 3

Start Peachtree Complete Accounting 2009 Start Peachtree Complete Accounting 2009 (PCA).(PCA).Explore the sample company, Bellwether Garden Explore the sample company, Bellwether Garden Supply.Supply.Back up Bellwether Garden Supply data.Back up Bellwether Garden Supply data.Restore data with Peachtree’s restore Wizard.Restore data with Peachtree’s restore Wizard.Operate Peachtree’s menus, drop-down lists, Operate Peachtree’s menus, drop-down lists, toolbar, and navigation bar.toolbar, and navigation bar.Work with Windows Explorer.Work with Windows Explorer.Make three backups: 1) Back up starting data for Make three backups: 1) Back up starting data for Bellwether Garden Supply; 2) back up Chapter 1 Bellwether Garden Supply; 2) back up Chapter 1 data; and 3) back up Exercise 1-2.data; and 3) back up Exercise 1-2.

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Web Objectives, p. 3Web Objectives, p. 3Use PCA to link to Peachtree’s website at Use PCA to link to Peachtree’s website at www.peachtree.com..

Go to the PRESS list and select Recent Press Go to the PRESS list and select Recent Press Releases.Releases.

Link to two Peachtree press releases and Link to two Peachtree press releases and write an essay about each one. write an essay about each one.

Use your Internet browser to go to the book’s Use your Internet browser to go to the book’s website at website at www.mhhe.com/yacht2009. .

Complete the first web exercise in Part 1.Complete the first web exercise in Part 1.

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Peachtree TipsPeachtree TipsIf you have more than one section of students using the sample If you have more than one section of students using the sample company, you should restore the starting data for Bellwether Garden company, you should restore the starting data for Bellwether Garden Supply before beginning your next class. Instructions for making the first Supply before beginning your next class. Instructions for making the first backup are on textbook pages 19-23. This backup is for Bellwether’s backup are on textbook pages 19-23. This backup is for Bellwether’s starting data. At this point in Chapter 1, students have not added any starting data. At this point in Chapter 1, students have not added any information to the sample company. The backup name is bgs.ptb.information to the sample company. The backup name is bgs.ptb.The textbook shows detailed steps for backing up to a hard drive The textbook shows detailed steps for backing up to a hard drive location. Peachtree’s backups default to the hard drive. Students can location. Peachtree’s backups default to the hard drive. Students can also specify a location for backing up, such as a network location or also specify a location for backing up, such as a network location or external media. External media includes USB drive; CD-RW drive; DVD-external media. External media includes USB drive; CD-RW drive; DVD-RW drive; or Zip drive. One CD-R, DVD-R, USB media, or Zip disk can RW drive; or Zip drive. One CD-R, DVD-R, USB media, or Zip disk can be used for backing up. be used for backing up. The textbook steps assume Peachtree’s default hard-drive location is The textbook steps assume Peachtree’s default hard-drive location is used for backups. For backing up to external media, a USB flash or used for backups. For backing up to external media, a USB flash or thumb drive is recommended. (If backups are made to a floppy disk, thumb drive is recommended. (If backups are made to a floppy disk, each Bellwether Garden Supply backup requires three or more blank each Bellwether Garden Supply backup requires three or more blank formatted disks.)formatted disks.)

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Peachtree TipsPeachtree TipsSee textbook pages 28-31 for using Peachtree’s Restore See textbook pages 28-31 for using Peachtree’s Restore Wizard. Peachtree’s Restore Wizard allows you to restore Wizard. Peachtree’s Restore Wizard allows you to restore An Existing Company An Existing Company (the default); or, restore A New (the default); or, restore A New Company.Company. For more information, refer to the Read Me box For more information, refer to the Read Me box on textbook page 28.on textbook page 28.Students can restore from a back up file even if Students can restore from a back up file even if no no Peachtree company exists. From Peachtree’s start up Peachtree company exists. From Peachtree’s start up window, select File; Restore. Select the location of the window, select File; Restore. Select the location of the backup file. On the Restore Wizard’s Select Company backup file. On the Restore Wizard’s Select Company window, select window, select A New CompanyA New Company. When . When A New CompanyA New Company is selected, data can be restored and a company created is selected, data can be restored and a company created at the same time. This means that if you start Peachtree at the same time. This means that if you start Peachtree and the company is and the company is notnot shown on the Company Name list, shown on the Company Name list, you can set up the company while restoring data. you can set up the company while restoring data. Peachtree backup files have a .ptb extension.Peachtree backup files have a .ptb extension.

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Backing Up, page 2Backing Up, page 2The chart below shows the size of the backups made in Chapter 1. You can specify a hard drive location or back up to external media, such as, a CD-RW drive, DVD-RW drive, USB drive, or Zip drive. The entire chart for Part 1, Chapters 1-8, is shown on textbook page 2.

Backup NameBackup Name KilobytesKilobytes Pages Nos.Pages Nos.

bgs.ptbbgs.ptb 3,848 KB 3,848 KB 19-2419-24

Chapter 1.ptbChapter 1.ptb 3,853 KB3,853 KB 44-4544-45

Exercise 1-2.ptbExercise 1-2.ptb 3,858 KB3,858 KB 53-5453-54

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Chapter 1 TopicsChapter 1 Topics1.1. Software objectives, p. 3Software objectives, p. 32.2. Web objectives, p. 3Web objectives, p. 33.3. Mouse and keyboard basics, p. 4Mouse and keyboard basics, p. 4

a. Using the Mouse, p. 4a. Using the Mouse, p. 4b. Using the Keyboard, p. 4b. Using the Keyboard, p. 4c. Using Shortcut, pp. 4-5c. Using Shortcut, pp. 4-5

4.4. PCA’s startup window, p. 6PCA’s startup window, p. 65.5. The Windows Environment, pp. 7-9The Windows Environment, pp. 7-96.6. Typical Windows used in PCA, pp 9-12Typical Windows used in PCA, pp 9-127.7. The Sample Company: Bellwether Garden Supply, p. 12The Sample Company: Bellwether Garden Supply, p. 128.8. Getting started, pp. 12-15Getting started, pp. 12-159.9. Displaying product information, pp. 15-16Displaying product information, pp. 15-1610.10. Setting Global Options, pp. 16-19.Setting Global Options, pp. 16-19.11.11. The Navigation Bar and Navigation Center Pages, p. 19The Navigation Bar and Navigation Center Pages, p. 1912. Backing up Bellwether Garden Supply, pp. 19-2412. Backing up Bellwether Garden Supply, pp. 19-24

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Chapter 1 Topics (continued)Chapter 1 Topics (continued)13.13. Using Windows Explorer, pages 24-25Using Windows Explorer, pages 24-25

a. Copying the BCS Folder to a CD-RW or a. Copying the BCS Folder to a CD-RW or DVD-RW Drive, pp. 26-27 DVD-RW Drive, pp. 26-27

14.14. Using Peachtree’s Restore Wizard, pp. 28-31Using Peachtree’s Restore Wizard, pp. 28-31

15.15. Menu bar, pp. 32-39Menu bar, pp. 32-39

16.16. Becoming an Employee of Bellwether Garden Becoming an Employee of Bellwether Garden Supply, pp. 43-44Supply, pp. 43-44

a. Adding yourself as an employee, pp. 43-44a. Adding yourself as an employee, pp. 43-44

14.14. Backing up Chapter 1 Data, pp. 44-45Backing up Chapter 1 Data, pp. 44-45

15.15. Manual vs. computerized accounting, pp. 46-47Manual vs. computerized accounting, pp. 46-47

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Chapter 1 Topics (concluded)Chapter 1 Topics (concluded)

20. Internet Activity, p. 4820. Internet Activity, p. 4821. Summary & Review, pages 48-4921. Summary & Review, pages 48-49

a.a. Going to the Net, p. 49Going to the Net, p. 49b.b. True/make true questions, pp. 50-52True/make true questions, pp. 50-52c.c. Exercise 1-1, pp. 52-53Exercise 1-1, pp. 52-53d.d. Exercise 1-2, pp. 53-54Exercise 1-2, pp. 53-54e. Analysis question, p. 54e. Analysis question, p. 54f. Chapter 1 Index, pp. 55-56f. Chapter 1 Index, pp. 55-56

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Startup window, p. 13Startup window, p. 13From the Windows desktop, double-click on the Peachtree From the Windows desktop, double-click on the Peachtree icon. The startup window appears. Select Explore a sample icon. The startup window appears. Select Explore a sample company.company.

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Explore a Sample Company, p. 14Explore a Sample Company, p. 14

When you select Explore a Sample Company When you select Explore a Sample Company from the startup menu, this window appears. from the startup menu, this window appears. Accept the default for Bellwether Garden Accept the default for Bellwether Garden Supply. Then, click on OK.Supply. Then, click on OK.

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Displaying Product Information, pp. 15-16Displaying Product Information, pp. 15-16From the menu bar, click on Help, then About Peachtree Accounting. This window is shown on p. From the menu bar, click on Help, then About Peachtree Accounting. This window is shown on p. 16.16.

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Setting Global Options pp. 16-19

On p. 16, from the menu bar, select Options, Define Internet Connection. The Internet Connection Setup window appears. Select This computer is not connected to the Internet. Click <OK>.

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Setting Global Options pp. 17-19

On p. 17, complete instructions 3a-d.

On pp. 18-19, complete steps 4 and 5.

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The Navigation Bar and The Navigation The Navigation Bar and The Navigation Center Pages, p. 19Center Pages, p. 19

The Navigation Bar appears at the left side of the Peachtree main window and offers access to seven pages called Navigation Centers.

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Back Up Company, pp. 19-20Back Up Company, pp. 19-20

From the Navigation Bar, click . In the Data From the Navigation Bar, click . In the Data Maintenance list, link to Maintenance list, link to Back UpBack Up. The Back Up Company . The Back Up Company window appears. The Back Up window is shown on p. 20.window appears. The Back Up window is shown on p. 20.

Click .Click .

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Back up (continued), pp. 21-23Back up (continued), pp. 21-23The Save in field shows the default location for your backup (BCS). If The Save in field shows the default location for your backup (BCS). If you do you do not not change the Save in location, you are saving to the hard change the Save in location, you are saving to the hard drive. Click on the down-arrow in the Save in field. The list that displays drive. Click on the down-arrow in the Save in field. The list that displays shows the location on your hard drive for the sample company files.shows the location on your hard drive for the sample company files.

Complete steps 4 and 5 on pp. 21 and 22. Click . Complete Complete steps 4 and 5 on pp. 21 and 22. Click . Complete steps 6-7 on page 23.. Read the information on pages 23-24 (steps 1-steps 6-7 on page 23.. Read the information on pages 23-24 (steps 1-2).2).

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Using Windows Explorer, pp. 24-25Using Windows Explorer, pp. 24-25

Go to Windows Explorer and open the folder for Go to Windows Explorer and open the folder for Bellwether Garden Supply: C:\Program Files\Bellwether Garden Supply: C:\Program Files\Sage Software\Peachtree\Company\BCS, pp. Sage Software\Peachtree\Company\BCS, pp. 24-25.24-25.

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Using Windows Explorer p. 25Using Windows Explorer p. 25

Right-click on the BCS folder. A drop-down menu Right-click on the BCS folder. A drop-down menu appears. Left-click on Properties.appears. Left-click on Properties.

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Copying the BCS Folder to a CD-RW Copying the BCS Folder to a CD-RW Drive or DVD-RW Drive, pp. 26-27Drive or DVD-RW Drive, pp. 26-27

On pages 26-27, complete steps 1-9 to copy On pages 26-27, complete steps 1-9 to copy files to a CD or DVD. (Depending on the files to a CD or DVD. (Depending on the software used to copy to external media, the software used to copy to external media, the steps may differ from what is shown in the text.)steps may differ from what is shown in the text.)

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Using Peachtree’s Restore Wizard, pp. 28-31Using Peachtree’s Restore Wizard, pp. 28-31

Complete steps 1-4 on pp. 28-29. From the Navigation Complete steps 1-4 on pp. 28-29. From the Navigation Bar, select ; link to Bar, select ; link to RestoreRestore..

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Steps for Restoring from External Media, p. 29Steps for Restoring from External Media, p. 29

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Select Company window, p. 30Select Company window, p. 30The Select Company window appears.The Select Company window appears.

Click Click

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Restore Options, p. 30Restore Options, p. 30The Restore Options window appears. The Restore Options window appears.

Make sure that a check mark is next to Company Data. Click . The Confirmation window appears.

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Confirmation window, p. 31Confirmation window, p. 31

Read the information on the Confirmation Read the information on the Confirmation window; click .window; click .

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Menu bar: File menu, pp. 32-33Menu bar: File menu, pp. 32-33

From the menu bar, From the menu bar, click on File.click on File.

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Menu bar: Edit menu, p. 33Menu bar: Edit menu, p. 33

From the menu From the menu bar, select Edit.bar, select Edit.

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Menu bar: Lists menu, p. 33Menu bar: Lists menu, p. 33

From the menu bar, click From the menu bar, click on Lists.on Lists.

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Maintain menu, p. 34Maintain menu, p. 34

From the menu bar, click on From the menu bar, click on Maintain.Maintain.

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Tasks menu, p. 35Tasks menu, p. 35

From the menu bar, click on From the menu bar, click on Tasks.Tasks.

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Analysis menu, p. 36Analysis menu, p. 36

From the menu bar, From the menu bar, click on Analysis.click on Analysis.

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Options menu, pp. 36-37Options menu, pp. 36-37

From the menu bar, From the menu bar, click on Options.click on Options.

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Reports & Forms menu, p. 37Reports & Forms menu, p. 37

From the menu bar, click on From the menu bar, click on Reports & Forms.Reports & Forms.

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Services Menu, p 38

From the menu bar, click Services.

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Window menu, p. 38Window menu, p. 38

From the menu bar, From the menu bar, click on Window.click on Window.

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Help menu, p. 39Help menu, p. 39

From the menu bar, From the menu bar, click on Help.click on Help.

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Becoming an Employee of Bellwether Garden Supply, pp. 39-43Becoming an Employee of Bellwether Garden Supply, pp. 39-43

Read pages 39-41. From the Navigation Bar Read pages 39-41. From the Navigation Bar select . select .

Read pp. 41 and 42.Read pp. 41 and 42.1-1-3838

Maintain Employees/Sales Reps, pp. 42-43Maintain Employees/Sales Reps, pp. 42-43

From the Employees & Payroll Page, click From the Employees & Payroll Page, click

then select New Employee. then select New Employee.

Read pages 42-43Read pages 42-43

Drop-down lists

Radio button

Icon bar

Tabs

Text fields

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Adding Yourself as an Employee, pp. 43-44Adding Yourself as an Employee, pp. 43-44

Read pages 43 and 44.

Complete steps 1-6.

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Backing Up Chapter 1 Data, pages 44-45Backing Up Chapter 1 Data, pages 44-45

Complete steps 1-6 on pages 44-45 to back up your data.

The suggested file name is Chapter 1.ptb.

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Chapter 1 Chapter 1 Glossary of TermsGlossary of Terms

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Windows, page 1 (Part 1 opener)Windows, page 1 (Part 1 opener)

Windows, p. 1Windows, p. 1

The Windows operating system uses pictures or icons to identify tasks. For example, the illustration on page 8 shows Peachtree’s user interface.

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Graphical user interface (GUI), p. 1Graphical user interface (GUI), p. 1

Consists of procedures which enables Consists of procedures which enables you to interact with Peachtree and the you to interact with Peachtree and the Windows operating system. The GUI Windows operating system. The GUI includes windows, icons, and menus.includes windows, icons, and menus.

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Shortcut keys, pp. 4-5Shortcut keys, pp. 4-5

Shortcut keys enable you to perform some Shortcut keys enable you to perform some operations by pressing two or more keys operations by pressing two or more keys at the same time. For example, <Alt> + at the same time. For example, <Alt> + <F4> closes an application window.<F4> closes an application window.

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Title bar, p. 8Title bar, p. 8

The top line of every window shows Peachtree The top line of every window shows Peachtree Accounting and the company name. Accounting and the company name.

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Desktop, p. 8Desktop, p. 8

Depending on how your Depending on how your computer is set up, various computer is set up, various icons appear on your icons appear on your Windows desktop.Windows desktop.

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Taskbar, p. 9Taskbar, p. 9

In Windows Vista, the Start button and taskbar are located at the bottom In Windows Vista, the Start button and taskbar are located at the bottom of your screen.of your screen.

In Windows XP, the Start button and taskbar look slightly different.In Windows XP, the Start button and taskbar look slightly different.

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Icon bar, p. 10Icon bar, p. 10

Peachtree uses common symbols to Peachtree uses common symbols to represent tasks: a disk for saving files; a represent tasks: a disk for saving files; a rolodex card for a list; a calendar for an rolodex card for a list; a calendar for an event; question mark for Help; an event; question mark for Help; an hourglass to show that the program is hourglass to show that the program is waiting for a task to be performed, etc.waiting for a task to be performed, etc.

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Previous or Next Record, p. 12Previous or Next Record, p. 12

For the Previous or Next Record, click on either the left For the Previous or Next Record, click on either the left arrow for the previous record; or the right arrow for the arrow for the previous record; or the right arrow for the next record.next record.

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Tabs, p. 12Tabs, p. 12

There are various tabs shown on Peachtree’s There are various tabs shown on Peachtree’s windows. The Maintain Customer/Prospects windows. The Maintain Customer/Prospects window shows tabs for General, Addresses, window shows tabs for General, Addresses, History, Sales Info and Payment & Credit.History, Sales Info and Payment & Credit.

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Drop-down list, p. 12Drop-down list, p. 12

The down arrow means that this field The down arrow means that this field contains a list of information from which you contains a list of information from which you can make a selection.can make a selection.

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Global Options, pp. 16-19Global Options, pp. 16-19

Global options are in effect for all Peachtree companies. Global options are in effect for all Peachtree companies. See pages 17-18, steps 1-4 for setting PCA’s global See pages 17-18, steps 1-4 for setting PCA’s global options. options.

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Navigation Bar, p. 19Navigation Bar, p. 19

The Navigation Bar appears at the left side of The Navigation Bar appears at the left side of Peachtree’s main window. Peachtree’s main window.

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Navigation Centers, p. 19Navigation Centers, p. 19

Navigation Bar Navigation Bar selections take you selections take you to Peachtree’s to Peachtree’s Navigation Centers. Navigation Centers. Bellwether Garden Bellwether Garden Supply’s Employees Supply’s Employees & Payroll navigation & Payroll navigation center is shown. center is shown.

Employees & Payroll Navigation Center

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Backing Up, pp. 19-24Backing Up, pp. 19-24

Backing up your data means saving it to a Backing up your data means saving it to a hard drive, network drive or external hard drive, network drive or external media. Refer to pages 19-24 for Backing media. Refer to pages 19-24 for Backing up Bellwether Garden Supply.up Bellwether Garden Supply.

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Windows Explorer, pp. 24-25Windows Explorer, pp. 24-25

Right-click Start button; Right-click Start button; left-click Eleft-click Exxplore. plore.

Use Windows Explorer Use Windows Explorer to determine how much to determine how much disk space is used, and disk space is used, and to locate Peachtree’s to locate Peachtree’s program and data program and data folders. folders.

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Restore (Peachtree’s Restore Restore (Peachtree’s Restore Wizard), pp. 28-31Wizard), pp. 28-31

Previously backed up data can be restored Previously backed up data can be restored or retrieved. To start where you left off the or retrieved. To start where you left off the last time you backed up, you use the last time you backed up, you use the Restore Wizard. You can restore Restore Wizard. You can restore A New A New CompanyCompany or or An Existing CompanyAn Existing Company. See . See pages 28-31, Using Peachtree’s Restore pages 28-31, Using Peachtree’s Restore Wizard.Wizard.

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Menu Bar, p. 32Menu Bar, p. 32

Peachtree’s menu bar has eleven selections: File, Edit, Peachtree’s menu bar has eleven selections: File, Edit, Lists, Maintain, Tasks, Analysis, Options, Reports & Lists, Maintain, Tasks, Analysis, Options, Reports & Forms, Services, Window, Help.Forms, Services, Window, Help.

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Ellipsis (…), p. 33Ellipsis (…), p. 33

A punctuation mark A punctuation mark consisting of three consisting of three successive periods (…). successive periods (…). Choosing a menu item with Choosing a menu item with an ellipsis opens a dialog an ellipsis opens a dialog box.box.

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Dialog box, p. 33Dialog box, p. 33

A window that appears when the system A window that appears when the system requires further information. Some dialog requires further information. Some dialog boxes display warnings.boxes display warnings.

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Default, p. 34Default, p. 34

Defaults are commands that PCA Defaults are commands that PCA automatically selects. You can change the automatically selects. You can change the default by choosing another command.default by choosing another command.

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Manual vs. Computerized Manual vs. Computerized Accounting, p. 47Accounting, p. 47

Manual Accounting CycleManual Accounting Cycle PCA’s Computer Accounting CyclePCA’s Computer Accounting Cycle

1.1. Analyze Transactions.Analyze Transactions. 1.1. Create a new company Create a new company or or

restore A New Companyrestore A New Company ..2.2. Journalize entries.Journalize entries. 2.2. Analyze transactions.Analyze transactions.

3.3. Post to the ledger.Post to the ledger. 3.3. Journalize entries.Journalize entries.

4.4. Prepare unadjusted trial Prepare unadjusted trial balance.balance.

4.4. Post to the ledger.Post to the ledger.

5.5. Prepare worksheet.Prepare worksheet. 5.5. Print general ledger trial Print general ledger trial balance (unadjusted).balance (unadjusted).

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Manual vs. Computerized Accounting, p. 47 Manual vs. Computerized Accounting, p. 47

Manual Accounting CycleManual Accounting Cycle PCA’s Computer Accounting CyclePCA’s Computer Accounting Cycle

6.6. Prepare financial statements: Prepare financial statements: income statement, statement of income statement, statement of changes in owner equity, and changes in owner equity, and balance sheet.balance sheet.

6.6. Account reconciliation.Account reconciliation.

7.7. Adjust the ledger accounts: Adjust the ledger accounts: journalize and post adjusting journalize and post adjusting entries.entries.

7.7. Journalize and post adjusting Journalize and post adjusting entries.entries.

8.8. Close the temporary accounts. Close the temporary accounts. Journalize and post of closing Journalize and post of closing entries.entries.

8.8. Print the general ledger trial Print the general ledger trial balance (adjusted).balance (adjusted).

9.9. Prepare post-closing trial Prepare post-closing trial balance.balance.

9.9. Print financial statements.Print financial statements.

10.10. Reverse entries (optional)Reverse entries (optional) 10.10. Change accounting periods.Change accounting periods.

Interpret accounting information.Interpret accounting information.

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Chapter 1 Internet Activity, p. 48Chapter 1 Internet Activity, p. 48

The Internet is the worldwide electronic communication network that allows for the sharing of information. The World Wide Web (WWW) or Web is a way of accessing information over the Internet. To read about the differences between the Internet and the Web, go to www.webopedia.com/DidYouKnow/Internet/2002/Web_vs_Internet.asp

To make an Internet connection, your computer must be equipped with a modem. The word modem is an abbreviation of Modulator/Demodulator. A modem is a device that translates the digital signals from your computer into analog signals that can travel over telephone lines. There are also DSL (digital subscriber lines), wireless, and cable modems, as well as T-1 lines for faster connections.

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Chapter 1 Internet Activity (continued), p. 48

1.1. StartStart PCA. Open BellwetherPCA. Open Bellwether Garden Supply. If necessary, connect to Garden Supply. If necessary, connect to

your Internetyour Internet browserbrowser..

2.2. From Bellwether’s menu bar, select Help; Peachtree on the Web, Product News to go online to www.peachtree.com/peachtreeaccountingline/. (Hint: You must be connected to the Internet.)

3.3. Websites are time and date sensitive. When using the Internet, be Websites are time and date sensitive. When using the Internet, be aware that changes will likely take place. For purposes of this aware that changes will likely take place. For purposes of this assignment, link to Peachtree’s press releases. When you place your assignment, link to Peachtree’s press releases. When you place your cursor over Press, the cursor changes to a hand symbol ( ); cursor over Press, the cursor changes to a hand symbol ( ); then select Recent Press Releases. The Press Release page then select Recent Press Releases. The Press Release page appears. The website address is appears. The website address is www.sagesoftware.com/newsroom/news/index.cfmwww.sagesoftware.com/newsroom/news/index.cfm .

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Internet Activity (concluded), p. 484.4. Select two links from the Press Releases page. Using a Select two links from the Press Releases page. Using a

word processing program, write an essay about each site word processing program, write an essay about each site you selected. Remember to include the website address of you selected. Remember to include the website address of each link. Your summary for each site selected should be each link. Your summary for each site selected should be no more than 100 words or less than 75 words. no more than 100 words or less than 75 words.

5.5. From your Internet browser, go to the textbook’s website at www.mhhe.com/yacht2009. Link to Student Edition.

6.6. In the Course-wide Content list, link to Part 1 Internet Activities for Chapter 1-8. Open or save. (You can also choose Chapter 1, then link to Internet Activities (In the Choose a Chapter field, if you select Chapter 1 observe that other chapter-specific links are available; for example, Multiple Choice Quiz, True or False, PowerPoint Presentations and Going to the Net Exercises.) Also observe that Course-wide Content includes a Glossary link.

8.8. Complete the first activity, ACCOUNTING MONOPOLY – Chapter 1. This is a group activity. Check with your instructor regarding this assignment.

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Going to the Net, p. 49Going to the Net, p. 49 Access the Career Development website at www.net-temps.com/careerdev/index.htm?type=careertalk&channel=fin&topic=careers

Read the article Careers in Accounting & Finance.

What three skills are essential for those seeking careers in accounting and finance?

What is the preferred educational background for an accountant?

List five career opportunities in accounting and finance.

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