Vendor credit memo

Click on the task option and select the vendor credit memo

The following window appear

This window will open

This window is used to record purchase return, means things that we return back to our vendor. This window contain different option that are as following

Vendor id:

Select the vendor id to whom you want to returned the things and after that add his invoice number

Date:

The date at which you are going to make this document or recording this will be written in the date column.

Credit no:

The credit no will be written for the record.

Term:

In this column the discounted term will be written

When you will select the vendor then the tab will automatically change from “apply to purchase” to “apply to invoice no”

Press Alt+S for save.

How to make payments to vendor and creditors

We enter the payments of the vendor and creditors.

Make the payments on the outstanding purchase invoices

First click the task button and select the payments

Following window display:

Click the look up button and select the vendor who makes the payments

Check is used to pay the outstanding purchase invoices enter the references number of check it is necessary to enter the check number.

Select the date on which payment is paid if the payment make within discount the amount of discount shown

Select the cash account to click the look up button

Cash  

Cash in bank: if the payment is pay in bank

Enter the quantity, item and price per unit.

Amount payment column: Type the amount of payment in the amount payment column

Payment column: Peachtree automatically calculate the amount of payment in the payment column

press ALT+S or click the save button to save the payments

How to save purchase order

We enter the purchase request from the vendor

Before save the purchase order the vendor and inventory item account maintain.

First we click the tasks button and select the purchase order the following window display

Following window appear

First enter the vendor id if the vendor account already maintains click the look-up button and select the vendor

Enter the date if the purchase order is not today.

Enter the quantity of the purchase order and then enter the item id if the item id already maintain select the item and description is shown

Enter the price of the unit which is order and the amount is shown

Enter the purchase order number and it is necessary to enter the data in purchase received.

After entering the all information click the save button the purchase order is save