How to Create a New Company in Sage Pastel Partner
Video
In this lesson we look at how to create a new company in Sage Pastel Partner.
This is the first thing you need to do after installing Pastel Partner.
We have a video as well as screenshots with instructions below the video.
Screenshots
Click on File -> New
Enter a New Company Name and select “Use Setup Assistant”
Read through the introduction and click Next
Enter the Company Details
Select the Date Format
Enter the details of the Financial Periods to be used
Enter the number of periods
Select which type of Chart of Accounts to create
Enter details for each of the cash books to be created
Enter details for any Inventory Price lists to be created
Enter default Customer Terms
Select whether customers should default to Open Item or Balance Forward
Select the type of paper you will be printing on
Click on Process to create the company
Thank you it was clear and understandable
thank you for such a straightforward instructions
Thank you for the feedback Precious.
Fantastic! the explanations and illustrations are clear and on point. Thank you very much. I can’t wait to register for a full course
You’re welcome. We look forward to having you on-board
You make this whole sage thing easy to understand I am encouraged to go to another further with sage.
How do I register to become a student
Hi Moses
You can register for any of the courses here:
https://www.talentstream.co.za/register-sage
Thank you so much this has enough information especial when you once studied pastel I am grateful and will make use of it
It is interesting and very helpful.Thank you
Fantastic! I cannot wait to start the course..thank you!
The video was very much easy to understand cant wait to register so i can register myself to do the practitioner sage pastel partner.
We look forward to having you on board Martha.
Please could you advise how do I link a T/A company to the main company? The Customer invoices are different. Thank you.
Hi Noloyosi
If you are registered as a student please post this on our student portal and we can assist further.
Kind regards
Zunaid
Hi, I like what I see!
Video is very informative and easy to follow (great pace and clearly illustrated)
Questions:
1. Is the R6500 online course presented in the same way or just hardcopy/PDF steps?
2. Maybe I missed, but can I setup ONE Template company and then copy/paste to make 50 clients work on same:
a. G/L accounts numbers and descriptions
b. Assets types (diff values obviously)
c. Inventory items (Hospitality industry – Beverages sold)
d. Service items (Hospitality industry – Accommodation, Meals, Transport supplied)
Thanks
Hi Eugene
The answers to your questions are:
1. Yes, we have video for all the functions – over 15 hours for the Practitioner course.
In addition you also receive a hard copy manual.
2. Yes you can setup one template company and create a copy of it each time.
Kind regards
Zunaid
Good day
I have started the setup process of our company but should I get all the information from the accountant first before I load the suppliers and customers as well as the financial information.
How should I go by doing this.
regards
Valerie
Hi Valerie
It is good practice to get all the company setup information first before loading suppliers and customers.
The full company setup is covered in either the Practitioner or Intermediate courses.
You can find further details here:
https://www.talentstream.co.za/sage-pastel-training-courses/
Kind regards
Zunaid
How would you edit the general ledger account to accommodate the clients needs? explaining the general ledge account and sub-account you will create for inventory.
Hi Lebo
You create various categories / groupings of inventory items (depending on the particular business) and you then link these groups to the different GL accounts / sub-accounts.
This is covered in detail in the Practitioner or Intermediate course, where we look at how to integrate Inventory into the General Ledger.
Kind regards
Zunaid
thank you so much about this information i just received it really worked for me, I’ve long been look for a tutorial on this.
how can i get more lessons on pastel like:
Setup Supplier Control, Setup Supplier Documents, Setup Customer Control and Defaults.
Creating Supplier Account, Customer Account and Inventory List
Hi Nozuko
All of this is covered in our full course.
Please download the course information pack from the following page:
https://www.talentstream.co.za/sage-pastel-training-courses/
Kind regards
Zunaid
Hi,
How do I view my company details after creating it?
Hi Lorraine
You will find it under the SETUP menu option.
Kind regards
Zunaid
Can you please explain to me step by step how do I process opening balances in pastel?
Hi Ally
This is a multi-step procedure which first involves bringing on the Trial Balance and then bringing on detailed customer, supplier and inventory balances using separate journals. There is also a procedure you need to follow to bring on the cash book and the bank reconciliation.
It is covered in detail in the Practitioner Course so please have a look at that.
Kind regards
Zunaid
Thank you. very clear instructions.
These lessons are very helpful, for they prepare me for my test ?
Hi Goodness
Yes, have a look at this:
https://www.talentstream.co.za/sage-pastel-training-courses/mini-pastel-quiz/
Kind regards
Zunaid
So easy to use and clear information.
Thank you so much
Very helpful. thank you
You’re welcome Cornel.
it was very helpful
If I made a mistake in creating a company, then deleted it, how do I create another one?
Hi Nomfusi
You just follow the same procedure to create the company again.
Kind regards
Zunaid
Thanks. This is very helpful.
Thanks Thuli
HI
I am stuck – setup Financial categories – sole acces mode???
Hi Jacqui
Unfortunately, I cannot tell from your comment what could be causing the problem.
Please note that this is a sample lesson to give you an idea of what is covered in our courses.
You can read more about the courses here:
http://www.talentstream.co.za/training/sage-pastel-partner-courses/
If you are already registered as a student with us please post in the Student Portal and we can assist you there.
Kind regards
Zunaid
This video is amazing wow