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Chapter 1: Chapter 1: Introduction to Introduction to Bellwether Garden Bellwether Garden Supply Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Page 1: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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

Garden SupplyGarden Supply

McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Page 2: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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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 2010 features of Peachtree Complete Accounting 2010 (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.

Page 3: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Peachtree TipsPeachtree Tips

Instructions for making the first backup are on textbook Instructions for making the first backup are on textbook pages 18-23. This backup is for Bellwether’s starting data. pages 18-23. This backup is for Bellwether’s starting data. At this point in Chapter 1, students have not added any At this point in Chapter 1, students have not added any information to the sample company. The backup name is information to the sample company. The backup name is bgs.ptb.bgs.ptb.The textbook shows detailed steps for backing up to a hard The textbook shows detailed steps for backing up to a hard drive location. Peachtree’s backups default to the hard drive location. Peachtree’s backups default to the hard drive. Students can also specify a location for backing up, drive. Students can also specify a location for backing up, such as a network location or external media. External such as a network location or external media. External media includes USB drive; CD-RW drive; DVD-RW drive. media includes USB drive; CD-RW drive; DVD-RW drive. The textbook steps assume Peachtree’s default hard-drive The textbook steps assume Peachtree’s default hard-drive location is used for backups. For backing up to external location is used for backups. For backing up to external media, a USB flash or thumb drive is recommended. media, a USB flash or thumb drive is recommended.

Page 4: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Peachtree TipsPeachtree TipsSee textbook pages 27-30 for using Peachtree’s Restore See textbook pages 27-30 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 27.on textbook page 27.Students can restore from a backup file even if Students can restore from a backup 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 restore data and set up a new company.you can restore data and set up a new company.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 and Excel files saved 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, or USB drive. The entire chart for Part 1, Chapters 1-8, is shown on textbook page 2.

Backup NameBackup Name

Excel ReportExcel Report KilobytesKilobytes Pages Nos.Pages Nos.

bgs.ptbbgs.ptb 3,395 KB 3,395 KB 18-2318-23

Chapter 1.ptbChapter 1.ptb 3,440 KB3,440 KB 43-4443-44

Chapter 1_Employee List.xlsxChapter 1_Employee List.xlsx 13 KB13 KB 45-4745-47

Exercise 1-2.ptbExercise 1-2.ptb 3,441 KB3,441 KB 53-5453-54

Exercise 1-2_Employee Exercise 1-2_Employee List.xlsxList.xlsx

13 KB13 KB 5454

Page 6: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Windows, page 1 Windows, page 1 (Part 1 introduction)(Part 1 introduction)

The Windows operating system uses pictures or icons to identify tasks. For example, the illustration on page 7 shows Peachtree’s user interface.

Page 7: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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User interface (UI), p. 1User interface (UI), p. 1Consists of procedures which enables you to interact Consists of procedures which enables you to interact with Peachtree and the Windows operating system. The with Peachtree and the Windows operating system. The UI includes windows, icons, and menus.UI includes windows, icons, and menus.

Taskbar, p. 8Taskbar, p. 8In Windows Vista, the Start button and taskbar are located at the In Windows Vista, the Start button and taskbar are located at the bottom of your screen.bottom 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.

Page 8: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Global Options, pp. 15-18Global Options, pp. 15-18

Global options are in effect for all Peachtree companies. Global options are in effect for all Peachtree companies. See pages 16-18, steps 1-5 for setting PCA’s global See pages 16-18, steps 1-5 for setting PCA’s global options. options.

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Navigation Bar, p. 18Navigation Bar, p. 18The Navigation Bar appears on the left side of The Navigation Bar appears on the left side of Peachtree’s main window. Peachtree’s main window.

Page 10: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Navigation Centers, p. 18Navigation Centers, p. 18

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 Tasks are & Payroll Tasks are shown. shown.

Employees & Payroll Navigation Center

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Modules, p. 18Modules, p. 18

Peachtree’s modules include Customers & Sales Peachtree’s modules include Customers & Sales (Accounts Receivable), Vendors & Purchases (Accounts Receivable), Vendors & Purchases (Accounts Payable), Inventory & Services, (Accounts Payable), Inventory & Services, Employees & Payroll, Banking, and Company. Employees & Payroll, Banking, and Company.

Workflow diagram, p. 18Workflow diagram, p. 18

From Peachtree’s main window, select From Peachtree’s main window, select Customers & Sales, Vendors & Purchases, Customers & Sales, Vendors & Purchases, Inventory & Services, Employees & Payroll, or Inventory & Services, Employees & Payroll, or Banking. A workflow diagram for that system Banking. A workflow diagram for that system module appears.module appears.

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Backing Up, pp. 18-23Backing Up, pp. 18-23

Backing up your data means saving it to a hard Backing up your data means saving it to a hard drive, network drive or external media. Refer to drive, network drive or external media. Refer to pages 18-23 for Backing up Bellwether Garden pages 18-23 for Backing up Bellwether Garden Supply.Supply.

Windows Explorer, pp. 23-24Windows Explorer, pp. 23-24Right-click Start button; left-click Right-click Start button; left-click EExxplore. plore.

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

Page 13: Chapter 1: Introduction to Bellwether Garden Supply McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved

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Restore (Peachtree’s Restore Wizard), Restore (Peachtree’s Restore Wizard), pp. 27-30pp. 27-30

Previously backed up data can be restored or Previously backed up data can be restored or retrieved. To start where you left off the last time retrieved. To start where you left off the last time data was backed up, use the Restore Wizard. data was backed up, use the Restore Wizard. You can restore You can restore A New CompanyA New Company or or An Existing An Existing CompanyCompany. See pages 27-30, Using Peachtree’s . See pages 27-30, Using Peachtree’s Restore Wizard.Restore Wizard.

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Chapter 1 Internet Activity, p. 491.1. Go online to Go online to www.peachtree.com. Select the Company tab, then Newsroom.. Select the Company tab, then Newsroom.

2.2. From the In the News page, select two links. Using a word processing From the In the News page, select two links. Using a word processing program, write an essay about each site you selected. Remember to include program, write an essay about each site you selected. Remember to include the website address of each link Your summary for each site should be no the website address of each link Your summary for each site should be no more than 100 words or less than 75 words.more than 100 words or less than 75 words.

3.3. From your Internet browser, go to the textbook’s website at www.mhhe.com/yacht2010. Link to Student Edition.

4.4. In the Choose a Chapter field, select Chapter 1. Observe that the Quizzes and More Resources list includes additional activities. In the Course-wide Content list, link Internet Activities; then link to Part 1 Internet Activities for Chapter 1-8. Select Open or Save.

5.5. 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, pp. 49-50Going to the Net, pp. 49-50

Access the Career Development website athttp://www.careers-in-accounting.com/

Read the article Welcome to Careers in Accounting.

List four activities that accountants engage in (not including recording transactions and preparing financial statements).

Approximately how many people join public accounting firms each year?

What key factors contribute to being hired as an accountant.