SlideShare a Scribd company logo
1 of 6
How to create a new company?
Step # 1
Company Information
1. Company Name:
2. Address:

3. Telephone: (e.g. 02132037668)
4. Fax: (e.g. 032134834675)
5. Business Type: (e.g. Corporation)
6. Next

Prepared & Developed By Sir Faizan Ahmed
Designed & Composed By Sidrah Jameel
Step # 2
Chart of Accounts

1. Build Your Own Company

2. Next

Prepared & Developed By Sir Faizan Ahmed
Designed & Composed By Sidrah Jameel
Step # 3
Accounting Method

1. Accrual (Credit and Cash)

2. Cash (Only Cash)

3. Next

Prepared & Developed By Sir Faizan Ahmed
Designed & Composed By Sidrah Jameel
Step # 4
Posting Method

1. Real Time

2. Batch

3. Next

Prepared & Developed By Sir Faizan Ahmed
Designed & Composed By Sidrah Jameel
Step # 5
Monthly Accounting Period

1. Starting of Fiscal Year

2. Month (Entering Data)

3. Next

Prepared & Developed By Sir Faizan Ahmed
Designed & Composed By Sidrah Jameel

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Company formation

  • 1.
  • 2. How to create a new company? Step # 1 Company Information 1. Company Name: 2. Address: 3. Telephone: (e.g. 02132037668) 4. Fax: (e.g. 032134834675) 5. Business Type: (e.g. Corporation) 6. Next Prepared & Developed By Sir Faizan Ahmed Designed & Composed By Sidrah Jameel
  • 3. Step # 2 Chart of Accounts 1. Build Your Own Company 2. Next Prepared & Developed By Sir Faizan Ahmed Designed & Composed By Sidrah Jameel
  • 4. Step # 3 Accounting Method 1. Accrual (Credit and Cash) 2. Cash (Only Cash) 3. Next Prepared & Developed By Sir Faizan Ahmed Designed & Composed By Sidrah Jameel
  • 5. Step # 4 Posting Method 1. Real Time 2. Batch 3. Next Prepared & Developed By Sir Faizan Ahmed Designed & Composed By Sidrah Jameel
  • 6. Step # 5 Monthly Accounting Period 1. Starting of Fiscal Year 2. Month (Entering Data) 3. Next Prepared & Developed By Sir Faizan Ahmed Designed & Composed By Sidrah Jameel