Assemblies

Assemblies:

·        Open an existing company that you have already saved in Peachtree Accounting software.

·        Assembly is used to assemble the products we need to make a new product. For this, we have to mention in the “Inventory Item” which goods are “Assembly” goods and what are the things or goods are needed to produce them.

·        Now we will enter the “Bill of Materials” to save this assembly product, and then save and you can add or remove any item from the Bill of Materials.

·        Now go to the “Task” option on the toolbar and go to the sub-option that is “Assemblies”.

·        A window will appear with the name “Build/Unbuild Assemblies”. We will enter the “item ID” here, and the name of the product will appear. Now enter any “Reference no.” to the product. Enter “Date”. Enter “Quantity to Build” and “Reason to Build” and then save it.

Payments and Reports

Payments and Reports:

·        Open Peachtree Accounting software.

·         Go to the task menu and click on the sub-option “Payments”

·         A window will appear with the name Payments.

·         Select the “vendor” to whom you have to make the “Payment”. Here, you have to enter the “Check Number” and “Date” on which you are making the payment. And in the “$” section, we have to enter the amount we have to pay.

·         You can also enter the “customer” from whom you are receiving the payment. In “Check Number,” if they have sent you the payment through a check. And the “Date” at which you have received the payment. Then enter the description of things received or sent, and the amount of the things.

·         Now, for “Reports,” click on the “Reports” and click on any report you want to see. For example, you want to see the reports of “Accounts Receivable”, then click on the Accounts Receivable.

·         A window will appear with the name “Select a Report”. And if you wanted to see “Aged Receivables,” then click on the “Report List” option Aged Receivables.

·         Report of Aged Receivable will be open.

·         This is the General Ledger Report.

·         If you want to change the report style, font, or fields of the General Ledger, then click on the “Options” of the report, and the following window will appear.

·         You can also change the report order. If you want to see according to the description, then select that option.

·         If you only want to see the cash report, then enter here the “ID Number” of the cash.

·  The following cash GL report will appear when you enter the “Cash ID”

·         To change the field or to remove the field you don’t want to see, uncheck the box, and that thing will be removed from the report.

·        You can change the font from this option.

·         You can also see the financial report of the company for the current year and for the previous year to see the financial position of the company.

·        This is the Income Statement of the current year.

General Journal Entry

General Journal Entry

Open an existing company on Peachtree Accounting Software and select the "Task" option from the taskbar and select the sub-option "General Journal Entry".

A window will appear with the name General Journal Entry

Enter the "Date" and the "Reference" on which you want to make a transaction in that window as follows.

Enter the "Description" and General Ledger Account where you want it to be recorded.

The description will remain the same, but for depreciation, the general ledger account debit will be the depreciation expense account, and the credit account will be that account's depreciation. Enter the amount and click Save from the toolbar option of that window.

Global

Global

Open Peachtree Accounting software and select Global from the task menu.

A window will appear with the name "Maintain Global Options".

Select the option manual to add the decimals manually, and if you want to have Automatic decimal entry, then select automatic.

Hide the general ledger account

After selecting this option, you can hide Account Receivable, Account Payable, and Pay off ledger.

Other options

After selecting this, if u close without saving, then it will tell us to save the data, and it also hides inactive data, and it automatically calculates the total cash balance.

Next tab is General:

To improve the performance of the accounts, we can select or uncheck the existing options.

Line item entry display:

You can select this option after adding debit or credit data.

Smart data entry:

It automatically drops down the displayed list. And this option is also for automatic data entry.

Colour scheme:

You can select different colour schemes that are already present in the options.

Peachtree Partners:

There are three options: low, medium, and high. You can select any option from here as required, but the best one that is recommended is "Medium".

Spelling:

This option works as a dictionary in Peachtree that is Peachtree spelling and checks the spelling of the words entered or saved in the Peachtree company.

Maintenance of Sales Order and Sales Quotes

Maintenance of sales quotes and sales orders:

·    Maintenance of Quotes and Sales orders. Select the task option from the toolbar and click on “Quotes/Sales Order”, and click on the sub-option “Quote”.

·        Sales Quotations are to be made to give the proposals to the customers or other people to purchase the goods from the company at the given price with the given quantities. After opening the Peach Tree Software, select the task option from the menu bar, then select further ‘Quotes/Sales Order’ and further select the option ‘Quotes’. After clicking on “Quotes,” a window will appear.

·        Now give the Customer ID and select the dates that your offer starts from, which date, and the good through date. And also give the quote no.

·        Now select the quantity the items and the price of the goods that you are willing to sale the goods.

Sales Orders

·         After that, to draw the sales order, select the Task option from the menu  bar and select the ‘Quotes/Sales Order’ option, then further select ‘Sales Orders’

·         A window will appear

·         Select the Customer ID and the dates, and the sales order no. Then select the quantity the items and the price of the goods to be sold. And then click save.

·         Or there is another way. You can make your quotes for the sales order. Go to the Quotes Window, like the window follows after opening

·         Select the open option on the menu and select the quote that you have made

·         Now there is a convert option on the menu bar. Select that option after making changes in the date good through. The document will convert to the sales orders. A window will open

·         Select the Sales order and the invoice no and select OK

In this way, it is converted to the Sales Order.

Maintenance of Vendor Credit Memo

Maintenance of Vendor Credit Memo

·        Open Peachtree Software from your desktop and open an existing company.

·        Go to the “Task” option on the toolbar and select the sub-option “Vendor Credit Memos…”

·        A window will appear by the name “Vendor Credit Memos” and here we select the vendor from whom we are purchasing the items and the Credit No., which is the same as Invoice No. And then we click on the save option on the toolbar of that window.