Credit memos

Credit memos

Credit memos are a short name of credit memorendoms.

Credit memos are record if the customer don,t want to pay the whole amount written in invoice.

To record the credit memos in peachtree open the peachtree company and click on the task in menu bar.

By clicking on credit memos a window will appear .

In this window we have

Customer id : select the customer you want to send memo.

Credit no : give credit no. to your customer

Date : enter the date of which you enter memo.

Customer PO : enter purchase order no. if we have.

Quantity : enter the quantity

Item : enter the item for we record a memo.

Unit price : enter unit price at we sell items previously

When your customer purchase order on credit and give you a invoice that will automatically reduce the amount in peachtree record.

set up of a new company

How to set up of a new company

1^st open peachtree by double clicking. This window will appear.

Click on set up of a new company. This window will appear

Click on next .this window will appear.

In this add company name. address line of your company . another address if exist. City, state, zip code and telephone no. etc

And then click on next button this window will appear

Click on build your own company and click next . this window will appear.

In which we show the accounting method we want to use in our company. And then click on next button. This window will appear .

In this we select the posting method of entries. And click on next button.

In this we select the accounting period we want to chose. And click on next. Another window will appear.

In this window we select the date of that period we are making entries for.

And click on next. Another window of congratulations will appear.

Now click on finish button and your new company is set.

GLOBAL OPTION

GLOBAL OPTION

1^ST open the peachtree and click in options in menu bar.

Click in global button. This window will appear.

The picture below at point 1 you can select the automatic or manual system for the decimals and from the point 2 you can change the decimals as required e.g. 1 2 3 or 5.

There are 2 option in this picture;

·       Hide general ledger accounts.

·       Other options

Hide general ledger accounts:

If you want to hide the accounts receivable, accounts payable, payroll entry uncheck these option

Other options:

     In this you can see many other options as hide inactive records , and get a warning message if some record change but not saved.

In next tab General we have

·       Improve performance

·       Line item entry display

·       Smart data entry

·       Color scheme

We can have these changes by selecting general tab

Next is

peachtree partners:

       in this we can check the security level of peachtree partners

And last is

Spelling:

       In which we can have 2 options

·       Peachtree spell check

·       Spell check option

General Journal Entries

General Journal Entries

General journal entries are use to enter each transaction of business into an accounting  system.the increase or decrease of amounts and by what amount the transaction is entered.

1^st click on task in peachtree menu bar.

Then click on general journal entries.

This window will appear .

In this window you can see

Date : at what date you make an entry

Reference : in this you add the reference on entry .

GL account : in which you add the entry for what general ledger account entry made.

Description : add the description detail about entry.

Debit : add what amount is debit.

Credit : add what amount is credited.

           The debit and credit amount should be same.

Job : for what job you add the transaction

Click on save button.

How to assemble inventory

How to assemble inventory

1^st we open peachtree and then click on task in menu bar this window will appear

After this in menu click on assemblies

This window will appear

In this window we have :

Item ID : in which add the id of that item we assemble.

Name : name of item that assemble

Date : at what date we assemble

Quantity to build : how much quantity is needed to build the item

Reason to build : add the reason why we assemble the items.

And then click on save in top of window