Maintain Vendor Account

Maintain Vendor Account:

First we open the Peachtree and select the maintain option , In maintain option we select the vendors… option.

After we select the Vendors option the following screen will b appear , first of all we creat vendor id and name, After that we fullfil the option “General” & we fill the further options.

The second option is “Purchase Defaults”  here are some options the purchase account is most important , if u don’t fulfill the option your account will not b appear.  

The third option is “Custom Field” here are some options which are as follows.

1-      Office Manager

2-      Account Rep

3-      Special Note

4-      agha jani

The forth and Last option is “History”  here are some options to maintain history of the vendor.

1-      Last Invoice Date

2-      Invoice Amt

3-      Last Payment Date

4-      Last Payment Amt

We again select the maintain option then we select default info and also select the sub option of default info is “Vendors…”

After we select the “Default info” and sub option is Vendors the following screen will b appear :

Vendors Default are further four main options which are as:

1-      Payment Terms

2-      Account aging

3-      Custom Fields

4-      1099 Setting

We elaborate the first one which is Payment Terms here are some main options

Standard Terms

Default Term Purchase

Default Credit Limit

And very important is Purchase Account , Discount GL Account.

The second is Account Aging which are as appear on the screen:

The third one is Custom Fields here are some Field Labels and the option is Enabled or Disabled:

The last is 1099 Setting here are some further Setting which are as follows:

Maintain Default Customer Information

First we open peachtree  and click “Maintain” and then click “Default Information”  and then click on “Customer”.

After the clicking on Customer the following  window  will appear , The five further parts are shown nub one “Payment Terms” in this term the default term sale and default for credit were set on the following:

In the payment term the general sale account and discount general account which was written on chart off account:

In the second step “Account Aging” the two further classified first is Age invoice and the second is  Aging Categories and the following option will brought down:

The  third is “CUSTOMER FIELD”  in this field the some of the field label in on the screen:

The fourth step is “Finance charges “ here are some type of charges Charges finance charges , Charges interest on finance charges and some others which are as on the screen:

The fifth and last step is “Payment method”  here are some payments which are as on the screen:

Maintain chart of accounts

MAINTAIN CHART OF ACCOUNT

We click on “Maintain” on the Peachtree after that a drop box will be appear here we click on the “Chart of Accounts”

And after that we click on “Chart Of Accounts” the following box will be appeared named “Maintain Chart of Accounts”

Here we give the Account ID, Description and the most important thing the Account type.

For example

• We enter account ID “105”

• In Description we Write “CASH IN BANK”

• In Account Type select “CASH”

And press ALT "S" or click on "SAVE" to save the ID. That i how we maintain the chart of accounts.

And this circul show look up button to click the button all the save account mention like these.

After that we click on Beginning Balance the following time period will open and we select the time period of the beginning bal.

And   after   that   we   complete   the   chart   of account.