How to make payment

After conducting  purchase order now will move toward payment  for this we will open peach-tree  software and click on TASK which is on the top of this window after that we will chose payment in the list of the TASK menu

After clicking on payment following window will be appear

For this window following information must be required

·        Vendor Id for payment

·        Quantity  of items

·        Items

·        Description of items

·        Check number for payment

·        Unit price of items

·        Amount of items

·        G/L account

1.     In this window firstly we will enter vendor account id in the field of the vendor if we have already account we will select it with the help of look up button.if not then we can make it easily with new button

2.     And after fill this field now we will mention check number and  date  in box and then in the lower part of this window we will fill other information which are most important.like item ,description etc

3.     We will enter in information in the apply to invoice which is related to payment and whose we already make purchase order.

4.     After putting all information at the end we will save it by clicking on save button.

Purchase Orders

Here you enter it on the request of vendors .when you receive the items then   information of accounting updates not bay the posting of purchase order .when we pay to vendor we chose purchase order and purchase receive inventory tasks

For  this following  thing must be required..

·         Maintains vendor for purchase order

 We can not save this record if we purchase one time we should use payments  and   leave blank id of vendor

For  entering  the  purchase  order  following  window  will  be  chose

 Go on task and then chose purchase orders like this

After choosing   this following window will be display

           Now select

·         Vendor ID

·         Enter order number

·         Enter date in box

·         In GOOD thru  field enter date

·         You can change amount of discount if necessary

·         Enter  separate information on separate lines

·         Select G/L  purchase account for every new record according it

·         Continually enter data till its completion

·         At the end save it by the button of save

       

1.       For displaying existing vendors click twice in the field of vendors and chose vendor other wise you can create new by button of new.

2.       Date should be mention if it is not

3.       For changing shipment select method from down 

4.       If company is accrual base then payable G/l account chose for purchase

5.       If cash basis then field with cash

6.       For change the type of ID click double in this field and select button of look up and then add new type with the help of this method