A belt pulling tool is comprised of a handle, a body and two prongs, the handle and body each having two ends with one end of each being attached to the other forming a longitudinal length and the two prongs being attached to the body orthogonal to the length, wherein at least one prong is configured to be moved and fixed along a portion of the length of the body. The belt pulling tool is useful for aligning, seating and setting the tension of belts for industrially belt driven machinery. In performing the method, the belt is inserted between the gap between the prongs of the tool and the tool is rotated about an axis centered in the gap and running parallel to the prongs projecting from the body of the tool to engage the belt and cause the rotation of the sheaves, thus allowing the sheaves to be aligned using alignment tools and allowing the belt to properly seat. Once seated and aligned, the tension may be set using a belt tension gauge.