H    How to maintain vendor account on peachtree software after opening the company in our peachtree accounting software we choose the existing company,and window display this picture.
THEThe first thing we do in order to create the vendor record in that we click on maintain option at the top of the software toolbar and on clicking it. Followoing window appare on our dessktop screen.

From this window we select the first option which is vendor. In order to creat our vender records click on vender then following window will appear.

Then we select the general and then write the vender id and name of the organization,the  vender id must be unique after that we will put all the information about the general and then select the next option   

Here we will write the vender id,name and purchase account if we write the vender id which does not  exist in chart of account then blank area of purchase account start blinking

After completing the purchase defaults we move onword and select the custom fields here we will enter the second contact,reference if required.these fields labels can be changed easily any time on the veder default window.

At the end click on history and following window will appear on the screan then we will put all required information.

After completing history click on save.

how to maintain inventory items

How to maintain inventory items:

First choose the option of maintain menu,then there option of inventory items select.

Here we first fill particular item ID,that decription

Firstly we choose the general ,then enter all the information about the general  step 1 we choose the option of description ,here two option of description no.1: for sale .No .2: for purches.after select the option .

Step2: Price level

In the price level box we set the particular price and we set the ten price.

Step3: Last unit cost

In last unit cost we choose the cost method.there are three method 1.FIFO,2.LIFO and AVERAGE.

STEP4: UPE

 In Universal price we select a code for any item.

STEP5: ITEM TYPE

In item type we mention the type of item .for example perishable ,on perishable etc.

STEP6: LOCATION

In the location option we set the location for item that in store we divided the part of store in A, B,C D etc.

 STEP7:UNIT/ MEASURE

In unit measure we decide the units and unit are mention in unit /measure box.the are diffrent in the point of view holesaler and retailer.

General inventory account :

In general inventory account we determind for

1.     Raw material

2.     Finished good

Quantity available

In quantity available we inter all tha information about

Sale order

Purchase order

Minimum stock

Record quantity

HOW TO MAINTAIN CUSTOMER/PROSPECTS ON PEACHTREE ACCOUNTING

How to maintain customer/ prospects on peachtree accounting

Now we maintain the customer/prospects on peachtree accounting customers are those persons that purchasing the  things or products on cash or on account.

Step no 1;

First of all we open the peachtree and open the existing company then we select the maintain option

And a mniu  display on the screen. We select the customer/prospects the customer record is that we click on “maintain” option at the top of the software’s toolbar and on clicking it, following window appears on our desktop screen.

When we select the customer /prospects then window display the maintain customer/prospects

On the above image the customer ID,NAME, prospect and inactive

Are the heads in This ID cannot be repeated for any other customer. Every customer will have a unique and different ID as we allocated different ID for different accounts while preparing chart of Accounts in the beginning. After this we write the name of the customer with which we are dealing in the “Name” portion in this window. After writing the name of the customer we first fill the “General” part of the requirements. General sale defaults, payment defaults, customer fields and history.

Firstly we select the General and complete the general requirement.

We move onward on the sale defaults and click on it. Customer id ,name and GR sale account must be enter in order to make a customer record.

Here we enter all the required information. In GR sale account we write the  ID of our sale revenue account if we do write any ID which not create in chart of account firstly when the blank area in GR sale account stating blanking .after we filling the information.

   2 we open the next payment defaults and click on the option of payment defaults. Here we enter all the require information about the  payment defaults to the  client.

 after enter all the require  information we click the option customer field and click on it .

After fulfill all the information of customer field we open the next option history .after we save the all information and at the end we save the data and click on save button .

Click on maintain. The main minion display on the screen we select the default information option and a submenu display and we click on customer option.When we click on the customer option window display a chart bar. Here the customer defaults show on the screen and there are many title on customer default bar. Firstly we select the payment term. Payment term are .net due in 30 days .mean payment in these day. discount in 10 day. if we payment within 10 day then we get discount other wise not. Discount rate 2%.and the customer credit limit RS.2500 and credit limit we increase and decrease .and other option cash on delivers ,prepaid, due in number of days, due at the end of month. We click on due in number of days. If we create a new account for GR sale account .we click left button of mouse two time OR we click + KEY

WE click the next option account agirig

We select this option for provision for bad debts. There are two ways for this option .1 income statement.2 balance sheet.If we chose for invoice date .Start 1^st march and end date 3^rd April. Total 34 days for invoice price. And same option for due date only 4 days .there more chance no return payment for over 60 days.

The next option customer fields we can change the customer fields

After select the finance charges we enter the information in the day over due up to $10000. Annual interest rate 12%.on balance above 15%.minimum finance charge $100.in case of late charge .we create a new account title other income and other income option not then we create a income .