Credit memo

Credit memo

•      Open Peach tree software.

·       Go to tasks in menu bar.

·       Select credit memo, new window is open.

·       Enter the date,Credit No, customer id, tab will shift from Apply to Sales to Apply to Invoices.

·        Then select the invoice from the upper bar

·        Then enter the Item, Quantity that returned to you by your customer, and the unit price of the item.

·        Then press ALT + S.

RECEIPTS

RECEIPTS

 Whenever company make sales to any customer, the cash which is received from it, is the revenue or income of the company and company records these received cash in the receipts of the peach tree software as an evidence for future inconvenience.

Open Peachtree software, go to Tasks click on it a new small window contains options appears.

Enter the option Receipts then a new window is open.

Enter the Deposit Ticket ID, which is written on the deposit slip, when we deposit cheque in the bank.

Enter the customer ID, who is paying the amount, when we select the Customer ID the window side will convert into grey, change from Apply to Revenue to Apply to Invoices.

Then enter the Reference number to continue this process because it is necessary to continue further.

Enter the receipts no.

Enter the date.

At the end select t on the option PAY.

Then press ALT + S.

Making Payments

Making Payments

When we purchase goods from our vendor and make payments to that vendor and obviously we have to record it into our recods. When we save it in a Peachtree software we have to follow some steps:

Open Peachtree software, go toTasks, then enter on the Payments.

A new window will open.

Enter the cheque number if the company is paying from the bank.

Enter the date.

Select the vendor ID to scroll the Look Up button, after selecting vendor ID, window will be changed in to grey colour, and side will be changed from Apply to Expenses to Apply to Invoices.

Click on the button PAY, if discount is provided by the vendor then select the Discount Account to click on the look up button from  below.

Then press ALT + S.

Maintain inventory item

Maintain inventory item

                          In Peachtree when the company sell or buy goods from the vendor or to the customer, we can also save it in the inventory to have a record in the company.

Open Peachtree software, then click on the maintain , a new small window have different options will be opened.

When we click on the Inventory Itemm then a new window will open.

First enter the Item ID, then enter the GL Sales Acct, GL Inventory Acct, GL Cost of Sales Acct and enter the Unit/Measure and then save it by ALT + S.

Then enter on beginning balance, anew small window will open.

Enter the item Id then enter the Quantity, Unit Cost, total Cost will automatically calaulated, then save it by pressing ALT + S.

When we assemble the goods then we go to Bill OF Material.

Enter the Item Id by looking in look up button, then enter the quantity needed, and press save from upper.

When we enter the labour then select labour from the item which is present on the  header field.

The next tab is Custom field, if we have an alternate vendor then we enter the other vendor name.

The next tab is History,when we make any transaction the information about it will become in history.