vendor credit memo

Vender Credit Memo

To make vender credit memo in Peachtree software firstly we will click on task menu option and select the vender credit memo which is shown as following

After selecting the vender credit memo window will appear and

now we will fill the required information as asked in the above   window

1. vender ID

2. Date

3. Credit No

4. Quantity

5. Item

6. Description

7. GL Account

8. Unit Price

9. Amount

After providing information we will save it

How to make the payments to vendors

First you have to open the Peachtree and select the option of payment from the task as shown below.

By clicking on the payment the window is open

 In the above window we will write the following things

1: select the vendor

2: enter the cheque no.

3: date of payment.

4: quantity

5:item

6: Account 

7:unit price.

After fulfill the above information  you have to save this. And if there is discount on paid amount than discount will be show in this window

HOW TO MAKE PURCHASE ORDER

If a company issued a purchase order for the purchase of a product then we will do the following procedure in Peach tree software for example if the company issued a purchase order of 30 Ac’s to LG LTD for model no Econ 101for Rs 30,000 only .

           First we open the Peach tree software and we will click on existing company and select a company. Then we will click on maintain option and select VENDER option   as shown below

In this account we will right Vender ID and NAME and then click on PURCHASE DEFAULTS and then in purchase acc we will select raw material inventory and then we save it. And then we will click on INVENTARY ITEM and then the following window will appear

                        

In this window we will give ITEM ID and DESCRIPTION  and then select revenue acc , raw material inventory and cost of sale acc and then save it . After making this we will select Navigation Aid n then click on PURCHASES and then select PURCHASE ORDER option and then the following

                                                                                         

We will fill the following information

1.     Vender ID

2.     Date

3.     PO.NO

4.     QUANTITY

5.     Received

6.     Item

7.     Description

8.     Unit price

9.     Amount

After providing all the information we will save the RECEIVING PURCHASE ORDER