Assemblies

First of all we will open an existing company on Peachtree and go to the task menu. Then after that we will click on the Assemblies.

After clicking on it following window will appear in front of you:

Here we will select the existing product Id that we already had maintained in Inventory items. In the name tab we will enter the name of the product. Change the date according to manufacturing date. In quantity to build option we will enter the number of units that we are going to build. This is the procedure of assembling in Peachtree.

VEDORS CREDIT MEMO

Vendor credit Memo

 Vendor order memo means to return the goods or a portion of goods to the vendor. To record the vendor credit first we should open the Peach tree software. Then after that click on task button and then click on vendor’s credit memo.

Then after that click on task button and then click on vendor’s credit memo.

After that new windows open. put the vendors id in the space and then date and in last put an credit no.

Then we should fill this full information like quantity items and G L account and the unit price. Then we should click on save button.

Quotes:

Quotes are the price list in specific amount of every product is written. It also contains the terms and condition of the contract.

How to make a payment of purchase order

First of all we click on task button and select the payment.

After that we have a page of payments

Then we click on search button to select the vendor for payment. And new bar should be shown after click which is given below.

After selecting the item then the below given window appears which contains the invoice number, date due and amount due.

In this pic you see the discount option at the end of the column.

Next step is to fill the discount as I have mentioned the discount  so that below given picture shown to you.

As this discount is available only foe specific time period and after that period you cant avail it so if you will select or changes your date from the top of this window by clicking at the option of date.

In the below window you can see that the column of discount is empty.

Then we should save the work which we have done …….

How to maintain a purchase order

First go to task bar then select purchase order option after that you see a new page open which is as follows.

This page is open when u click on purchase order option . in this picture u see the Performa of purchase order.

In this picture we should maintain vendors account for further proceed. We should enter id or name for purchase order.

Then we enter  quantity  and item which we should buy or purchase .

In this pic we should enter item id and description of item which we should purchase.

Then fill all the necessary columns which we needed.

Then we should enter quantity and order no is compulsory.

How to maintain customer / prospect Accounts

To maintain customers record first open the Peachtree software and click then open you company and go to third menu of Maintain click on the customer’s prospects button.

After clicking this you will receive a window of maintains customer record in which you have to Use the Maintain Customers Prospects window to enter, change, and store information about companies and people to whom you sell goods and services. You can also enter information about companies and people with whom you would like to do business prospects.

After filling All the Data click on the save button as mentioned in the window

After this process you can fill also sales default menu by clicking sales default button.

As shown in the window. First you have to select sales from your account maintained.

In which you can enter sales rep, GL sales account, pricing level which are different option available of pricing.

After that you have also an option of payments default for recording the credit customer options. Red color shows the indication.

As shown in the picture there is customer name address and its credit information their credit card number expire date.

In the picture above there is an option of customer Fields this window to enter the customer field and can change the option by filling the tabs you can change the option of field to your required.

In the window below you can also save the history of customers by date invoice.

CUSTOMER DEFAULT INFORMATION

To maintain customers record first open the Peachtree software and click then open you company and go to 3^rd menu of Maintain click on the customer’s prospects button as shown in the picture.

In this pic it shows customer payments term .that how to fill this form for the customer . in this pic days and the discount should be shown. That how we should give or take payments on due date with discount.

After payments terms accounting aging page should be filled  by due date or invoice date.

In customer field first we filled second contact and after that reference then mailing address or list then after that multiple sites according to customer’s field.

In this pic finance charges can be filled by charging finance charges on invoice. Then interest on charges. Enter the balance amount over which the second interest rate will apply. On balances below this rate, the rate in the Annual Interest Rate field will apply. On balances over this amount, the second interest rate applies. This lets you offer different rates to customers depending on the balance their accounts carry.

set up of a new camoany

Setup of a new company on Peachtree

We will open Peach tree software and following window will appear:

We will click on the button of “set up a new company ” and following window will  appear:

This is the introductory window which guide us through the new company setup phase.

 Now by clicking next we have the following window:

In this window we are required to give information about the company. Company name is the most important thing that must be written. Be careful that the company name must not be the name of existing company. After giving information and by clicking next button this window will appear:

In the first option we can set up a new company by using simplified chart of accounts.

In the 2^nd option, we may choose the chart of accounts from one of the sample company’s sample given.

In 3^rd option, we can copy the chart of accounts from an existing peachtree Accounting company.

In 4^th option, we may convert the chart of accounts from another accounting program.

In the last option, we may build our own company.

We will select the last option in this window and will click next. The next window will be:

In this “Accounting method” window we will be asked for selecting the accounting method that is accrual or cash. We will prefer the accrual and click next button.

Posting method is the next window that will be appear and there are two options “Real time” and “Batch”. The preferable is “Real time”

After clicking the next button following window will be shown:

Accounting period is the next window. We will select the “12 monthly accounting period” and click the next button.

Wer will define the month  and year of starting and ending. By clicking next we will have:

This is the last step to complete the “New Company Setup” and we will click the finish button. We will have our account like:

how to make a chart of acounts

How to maintain chart of accounts: 

After creating a new company, now it’s the time of preparing chart of accounts.

Open software of Peachtree and click the option of existing company. When we open our existing company then a menu bar will be shown in front of us. We will click on maintain menu button and following window will appear.

After that we will click on the chart of accounts button and following window will open in front of us.

In accounts ID bar that I have given the option A, we will write down the ID of account which we want to save in the software.

In description bar that is pointed as B, we will write down the description of our chart of account.

In Account type bar that is option C, we will write down the type of account that we want to save on Peachtree.

After filling all the three informations mentioned above, the window will appear as:

  

After saving that we will save it by pressing Alt and s button.

How to entre beginning balances:

After maintaining chart of accounts, we will click the button of beginning balances as shown in window:

Before clicking the button, we must assure that we have maintained the retained earning account.When we will click on the button of beginning balances button then following window will appear…

We must select the date according to data given. If it is 1^st of January balances in the question then we will select the date of 31^st December because it is the ending balance of December. If data is of 31 December then we will select the same date.

After selecting the date, following window will appear: