Create a new company 

1. Open Sage 50cloud Pastel.
2. Go to File then New.
3. Choose where to save the company. For example, the Pastel folder on your C Drive. 
4. Enter a short name for the company. This is a maximum of eight characters.
5. Select Use Setup Assistant then Create.
6. Select a country then Next. 
7. Enter the following information:

   Company Info	Fill in details (you can update later).
   Date Format	Choose your format.
   Period Setup	Set your financial year start date and monthly periods.
   Number of Periods	Leave as 12.
   Chart of Accounts	Choose based on your industry.
   Bank Accounts	Enter how many you need, you can add more at any time.
   Inventory Price Lists	Add descriptions for your price lists: Partner: 10 price lists Xpress: Three price lists
   Default Terms	Choose how customers pay. For example, 30/60/90 days.
   Customer Defaults	Choose how you allocate payments. The difference between open item and balance forward.
   Document Printing	Choose paper size and style.

8. Select Process then Finish.
9. Create a password and security question.
10. Select OK.

The program will log you in to your new company and the company name will appear in brackets at the top left of the screen.