Creating a Company
You can create a company using one of the company templates that come with the program, modifying it to suit the needs of your business. In Exercise 1, you will create a company using the Service Company template.
Exercise 1: Creating a Company
This exercise outlines the steps to create a company from the Service Company template for Data Processing Services, a fictional company you will use in these exercises.
1. Start Simply Accounting. (In Windows, on the Start menu, choose Programs, and then choose Simply Accounting from the program group in which you installed it.)
2. In the Home window, from the File menu, select New Company.
3. In the Setup Wizard dialog box, click Next.
4. Select Copy A Template Containing Typical Accounts, and click Next.
Choose a company template
5. From the list of templates, select (highlight) Service Company, then click Next.
File name
A preset folder and file name appear in the Enter The Name Of The New File field.
6. Change the folder and file name to C:\Program Files\Winsim\Samdata\Data Processing Services.SDB,
then click Next.
Dates
7. Enter the following information:
Fiscal Year Start: 01-01-2005
Fiscal Year End: 12-31-2005
Earliest Transaction: 01-01-2005
Then click Next.
Business location
8. From the list of provinces, select British Columbia, then click Next.
Business type
9. Leave Sole Proprietor selected, then click Next.
Business activities
10. Leave all the items checked, and click Next.
Taken From : Simply Accounting
