Global settings

 We will go to options tab and click on global

In global settings we make settings which are applicable in all the software tasks. in this settings we will set the spelling check settings. we can make the settings to view account payable , account receivable and pay roll in other windows in this software.

Maintain user

 We will go to maintain and click on users.

 In this window we will maintain the user which is working in the software. We will select the preferences we want give to the users to excess the data of the software or giving them permission to edit or add any program areas. In this window we will have to give user id and password

General journal entry

 We will go to tasks and click on general journal enteries.

In this window we will record the transactions which we cannot record in any other window, like depreciation. In this window we will provide date of transaction, reference of transaction, general ledger of debit and credit. Description of debit and credit and amounts of debit and credit. After completing all the information we will save this information and record new transaction.

Vendor credit memo & credit memo

Vendor credit memo

 We will go to task bar and open vendor credit memo.

 We record the purchases return transaction in this window. First we will enter the vendor id to which we have returned the goods. Next we will enter the date. And provide the journal ledger of account payable, and then we give the quantity and description of inventory which we have returned.we wil also give per unit price and amount of inventory which is returned.

Credit memo

 we will go to task bar and click on credit memo, in this window we will receive the goods from our customers and record three transaction of sales return. in this window we will provide the customer id,date of sales return, credit number, customer p.o, quantity of inventory, description of inventory, per unit price and amount of inventory which is returned to us. preview  of this window is as follow.

Receipts

We will go task bar and click on receipts.

 In this receipt window we will receive receipts from our customer and we will record this transaction in this window. In this window first we will select date of receipts and select the cash account. and then provide description and amount of receipts.

Sale invoice

To open open sale sale invoice window we will go to task and click on second option that is sale invoice.

 In this window we can send sale invoices to our customers. In this window we can provide customer id-date of invoice and invoice no. In this window we can give quantity of inventory and its description.

We will enter per unit price of inventory; in the downward of this window we will give sales tax and freight charges. This window is like this,

Sales Order

 In sale order window we give sale order to our customer. To open this window we will go to task and click on first option quotes\sale order. In this window we will select customer id and then select the date of the sales order and the date of shipping. We can provide quantity of inventory and its description. In the end of this window we can give sales tax, and freight.

Sales Quotation

After clicking on TASK option we will click on Sales Quotation.

 We have to select the customer id. After selecting the customer bill to field will be filled automatically by the Peachtree software. Then we have to enter the address detail for the delivery of goods. We have to select the date of the quotation and select the valid date and provide the quotation number. Then we  enter the quantity required and select the item for which you are quoting the quote and description appears automatically by this software Now enter the unit price of the item, once you enter the price Peachtree calculates amount automatically. We also have to provide sales tax and freight charges. You can enter the both. Then we save the data which we have provided to software. We can also convert that quotation into sale order or in sales invoice

Payments

After clicking on TASK option we will click on Payments.

 After selecting payments software will ask for the select of cash account used for the transaction of payment. Select an account name from the drop down list to use with this transaction and select OK. Once you save the first transaction expanse will charge to that cash account.

 This window allows us to record the transaction of payments we made to other parties. Select the id or name of the vendor then select the vendor and Peachtree displays a list of purchase invoices that are still to be paid in the Apply to invoices tab. If a check is paid for an invoice then type the check no. in the check number field. Select the date In the Apply to Invoices tab, you may have more than one outstanding invoice and for the payment you can click the box in the Pay column for the full payment of that invoice; however you can make the partial payment type in the amount in the amount paid column.Click the save button to post the transaction.

PURCHASE /RECIEVE INVENTORY

After clicking on TASK option we will click on purchase / Receive inventory.

 This allows us to enter vendor purchase invoices or receive inventory form purchase orders. The vendor can be an existing already or we can make new vendor in this window. There are two tabs in this window

1.      Apply to purchase order

2.      Apply to purchases

In Apply to Purchase Order tab we select a vendor to whom we have given the purchase order. And we will select purchase order number and amount to record the transaction. In apply to Purchases tab we will select a vendor to whom we have not given the purchase order. In this tab we will provide quantity, item, description, GL account, per unit price and amount

PURCHASE ORDER

After clicking on TASK option we will click on purchase order.

 A purchase order (PO) is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services the seller will provide to the buyer. Sending a purchase order to a supplier constitutes a legal offer to buy products or services. Acceptance of a purchase order by a seller usually forms a one-off contract between the buyer and seller, so no contract exists until the purchase order is accepted. It is used to control the purchasing of products and services from external suppliers. In order to create Purchase Order in the Peachtree Accounting Software we have to open Purchase order window. And then write the vendor id, date, PO number, Quantity and item, discount amount, select the method of delivery, unit price and amount. After providing all the data we will save the purchase order and close this window.

Maintaining Inventory Defaults

Go to Maintain Menu and click the Default Information and select Inventory Items option.

 When we select this option we have a window which have six tabs.

1.            General

2.            GL Acct/Costing

3.            Taxes/Shipping

4.            Custom Fields

5.            Price Levels

 1.            General Tab:

In general tab we will select different options to perform different options. Whether to include purchase order when calculation quantity on hand or it means that when the purchase order will be issued it will automatically be included in the quantity of inventory items on hand. Stock Warning Messages and Sales Order Warning Messages can also be activated and deactivated under this tab.

  2.          GL Acct/Costing Tab:

GL acct / costing tabs we will give the GL sales, GL Inventory/Wage, GL Cost of Sales account to the different Item classes available when creating new inventory items and select the methods like FIFO or LIFO and we will also select GL Freight Account

 3.            Custom Fields Tab:

Custom Fields are used to enter the extra information of inventory items we want to provide in this software.

 4.            Price Levels Tab:

This tab is used to set up different price levels for inventory items which we can create ten different price level and these levels will be selected when creating new inventory items. like price level 1 , price level 2

Maintain inventory items

We go to maintain tab and click on inventory items.

As we click on inventory items the above printed screen appears. It has options of name id, description.and new class column in common.name id must be unique that it matches with none other id.and there are more two options of INACTIVE and SUBJECT TO COMMISSION. It will be marked according to conditions.

These are the items of new class. From the above picture we will select the item class for the inventory in this software.

ASSEMBLY ITEM

 We will select assembly item from the item class to make a fished good from the raw material in this software.

When we select the assembly items ,we have bill of material tab will be available. In this tab  we will give raw material id ,its description and quantity. After entering all the raw material use in a finished good, we will save the data and then close the window.