These are Exam revision material as well as those that were found in assignments, study guides and practice questions. When you work through these together with explanations in your study guide, you will gain an excellent understanding of concepts, theories, techniques and methods which will allow ...
1. Click FILE on the MAIN MENU & select NEW to create a new company
2. Ensure the set-up assistant is selected on the THREE METHODs used to create a company
3. Under New Company Name type in the FOLDER which you wish to store your company
details on your PC. It can be any name; this does not come out on printed documents. IT can
be FAH (maximum 8 characters, auto CAPS LOCK)
4. Click on CREATE after finishing typing the FOLDER name
5. The first screen of the set-up assistance will appear, there are 12 more screens to complete
this task
6. Click NEXT to move to the next screen
TYPE COMPANY Information as Follows
Company Name
Fresh Air Hiking Ltd
Postal Address
PO Box 229
Harrismith
9880
Click NEXT to go to the DATE FORMAT screen.
Ensue DMY is select
In addition click four digits per year.
Click NEXT and ENTER the start date which is 01/08/2016 also ensure on the last day of the
month is selected
Click NEXT ensure the number of periods is 12. DO NOT CHANGE ANYTHING ELSE
CLICK NEXT
On Chart of Accounts ensure that Generic chart of accounts is selected
Click NEXT to go to CASH BOOKS,
TYPE - 2 ENTER, in the number of Cash Books we required to create field.
ENTER the descriptions of the Cash Books on Account Name as follows:
1. Investec Bank Current Account
2. Petty Cash Account
Click NEXT and TYPE the description of the PRICE LIST used by Ben’s Bikes Ltd as follows:
1. On Price list1 type – Expedition (must be selected as most common)
2. On Price list2 – Hiker
Click NEXT on Default terms select PERIOD
AFTER selecting period select 30 Days
Click Next and Select OPEN ITEM
Click NEXT to go to Document printing on this screen click on PAPER STYLE ASSISTANCE and
ensure PLAIN is selected Click NEXT and ensure SINGLE SHEET is also selected
Click NEXT and FINISH
Click NEXT again on this screen.
Click PROCESS and Pastel will start saving your information.
THEN Click FINISH.
Printer setup instruction
TASK 2
***You requested a password at this stage this is the password you shall be using to login as
supervisor. Check the password requirements. You may consider using the following as password:
Peaks*00
Confirm the password and click OK.
You will be asked if you kept a record of the password. Click YES you already got it above.
TASK 3
Chat of Accounts
3.2 - Click EDIT – GENERAL LEDGER – ACCOUNTS - on the Pastel MAIN MENU
NB: You must be familiar with different functions under the main menu to be used in this assignment
When you open this dialog box the 1000 – Sales account is already selected; go to TAX
PROCESSING below the dialog box and select DEFAULT TAX TYPE from the drop down arrow
ON TAX TYPE select 01- Vat Standard rated (14%)
Save this information by clicking the SAVE button. Don’t make any changes
Click the search facility represented by the magnifying glass.
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