How to Maintain Vendors Account On Peach Tree

How to Maintain Vendors Account On Peach Tree

Open an existing company on peach tree accounting software. Go to maintain menu and click on the vendors account.

Following window will appear.

In this window. First of all we will enter the vendors ID and his name. when you complete this information then save it.

To enter basic information about the vendor such as

·        contact information

·        address

·         phone and fax numbers

·        Beginning balances

Select the General tab in the Maintain Vendors window.

·        After that, we will select the purchase default tab. In this tab, the necessary information is purchase account. We will write the inventory account ID instead of purchase account that we have maintained in chart of accounts.

·        In Purchase Rep You can enter or select an employee to act as the purchase rep for this vendor.

·        In  the Tax ID no. we will write the vendors tax no. this is not necessary.

·        In Ship Via Select the primary shipping carrier that this vendor uses for items.

·        In terms we can choose the pattern of payment that how we may get discounts. We can also change it.

In delivery method, we can choose paper form or E-mail.   CC Purchase Rep: Select this to automatically send an e-mail copy of the form to the default purchase rep whenever you send a form to the vendor.

The next tab is custom field. We will enter the information of selected vendor.

Next tab is history. To check the history of our vendors, we have to enter the following information.

·        Last invoice date

·        Last invoice amount

·        Last payment date

·        Last payment amount