PAYMENTS

PAYMENTS

After saving the purchase order now we will make payments to the vendor and creditors .For doing  this we will go to the peachtree software then open the existing company and click on the TASK menu and select the PAYMENT option and the following window will appear .

In the below window we have the following information :

·       Vendor ID

·       Date

·       Check no

·       PAY

VENDOR ID: we enter the ID code of the vendor which you want to pay.

DATE: we will write the date on which we have to make the payment .

CHECK NO: In this head , we will write the check number if the check has already been written .

PAY: Select the pay check box for each invoice, you want to pay.

PURCHASE ORDER

“HOW TO CREATE PURCHASE ORDER”

In order to maintain purchase order, firstly we open the peachtree software, and we will select the existing company and go to the TASK menu and select the PURCHASE ORDER.

 Following window will appear .

To  maintain the purchase order , we will have to require Vendors  account . firstly go to the Maintain menu and select the option Vendor  .Following  window will appear .In vendors account following information will have to fill :

·       Vendor ID

·       Name

·       Purchase default

After that we open a Inventory items, go to the Maintain menu and select the option INVENTORY ITEMS . Then following window will appear.

In inventory items following information are necessary to fill :

·       Item ID

·       Description

·       GL sales account

·       GL inventory account

·       GL cost of sales account

After completion of this process , open a purchase order and fill the following information

·       Vendor ID

·       Purchase order no

·       Quantity

·       Good Thru

·       Unit price

·       Date

And then saved the following information.

                "PURCHASE/RECEIVING INVENTORY"

after maintain the purchase order then we will maintain the purchase receive inventory firstly go to the TASK MENU and select the option "PURCHASE RECEIVING INVENTORY" then the following window will appear:

                                

                             

In the above window following information are required to enter. these are given below:

• Vendor ID,
• Date 
• Invoice no
• purchase order no
• Item 
• Remaining, 
• Receiving
• Description, 
• G/L amount and
• Unit price.                                                                                   After that save all these information.