Peachtree accounting software in urdu

Vendors and Inventory Intro Locked 2m Lecture 4. What are Default Values Locked 2m Lecture 4. Setting Vendors Defaults Locked 7m Lecture 4. Setting Inventory Defaults Locked 7m Lecture 4. Adding Service Item Locked 4m Lecture 4. Adding Vendors Locked 4m Lecture 4. Entering Purchase Order Locked 5m Lecture 4. What are Assemblies Locked 5m Lecture 4. Building Assemblies Locked 3m Lecture 4. Inventory Adjustments Locked 5m Lecture 4. Receiving Bills Locked 8m Lecture 5. Paying Bills Locked 6m Lecture 5.

Recording Cash Purchases Locked 4m Lecture 5. Setting Customers Defaults Locked 6m Lecture 6. Setting Sales Tex Locked 7m Lecture 6. Adding New Customers Locked 4m Lecture 6. Understanding Sales Process Locked 4m Lecture 6. Recording Quotes Locked 5m Lecture 6. Recording Sales Invoices Locked 3m Lecture 6. Printing Invoices Locked 3m Chapter 8 Lecture 8.

Creating Bank Accounts Locked 2m Lecture 8. Payroll Wizard Locked 10m Lecture 9. Adding Employees in Peachtree Locked 5m Lecture 9. Executing Payroll Locked 5m Chapter 10 Lecture Customizing Forms Locked 8m Lecture Customizing Reports Locked 0m Lecture Preparing to Close the Books Locked 0m Lecture End of Period Housekeeping Locked 0m Lecture Peachtree will fill in the Amount Paid field.

Peachtree will automatically select the Pay check box. Note: If your customer overpays the amount, a credit is made to the customer's ledger; for underpayments, the payment amount is applied to the invoice balance. Select the Print button if you want to print and save the receipt. Page 17 of 29 16 Enter Customer Returns 1. From the Tasks menu, select Credit Memos. Peachtree displays the Credit Memos window.

In the Credit field, enter the ID that you want to apply to the credit memo. If the transaction date is different from the one displayed, enter or select a new date. When line-item information for the invoice appears, find the item or items to be returned, and in the Returned column enter the quantity. Peachtree will automatically restore this quantity to inventory. If you want to print the credit memo, we recommend that you print it at this time and not from Reports.

To print the credit memo, select the Print button. When finished, select Save. Enter or select the Vendor ID. To display a list of existing vendor, type? Page 18 of 29 17 When the vendor is selected, Peachtree supplies the vendor default information, including billing and shipping addresses, purchase account, shipping method, payment terms.

If this vendor has open purchase orders, the Apply to purchase Order tab appears in front. Otherwise, enter an invoice number or other reference number. If you have entered a default shipping address in the vendor's record, the first shipping address will appear on the invoice. If not, you can enter the vedor's purchase order number now or change the default to any other piece of information that will identify this invoice to the vendor.

If you have entered a default shipping method in the vendor's record, it will appear. Peachtree uses the default terms you have entered for the vendor, but you may want to select the Terms button to change the default discount dates or amounts for this invoice.

Apply Payment to Vendors. To select a range of vendors whose invoices you want to pay: 1. From the Tasks menu, choose Select for Payment. Enter the check date. This is the date that will be printed on the checks. Next, you can filter invoices based on the due date or the discounts lost by date.

For example, if it is March 18th and you want to see all invoices due before March 31st, enter March 31st in the Invoices Due Before field. If, instead, you want to see invoices whose discounts will be lost by March 30th, enter March 30th in the Discounts Lost By field. Select which invoices you want to include. You can include all invoices or specific ones based on the number of days overdue and the balance amount. Enter either a range of vendors, or enter the starting vendor if you want to print a check for a single vendor.

Select the Always take discounts regardless of due date check box if you want discounts calculated even if the discount date has passed. When all selections are correct, click OK. From the Tasks menu, select Vendor Credit Memos. To display a list of existing Vendors, type? If you want to print the Vendor credit memo, we recommend that you print it at this time and not from Reports. Write Checks 1. From the Tasks menu, select Write Checks. Enter or select the ID of the vendor you want to pay.

If you are entering a handwritten check, enter the check number in the Check Number field. If you want Peachtree to print the check, Page 21 of 29 20 leave this field blank.

If this is an electronic payment, the Check Number field will read "Electronic. Enter or select the date of the disbursement, not necessarily today's date. Enter the total amount of the check. If desired, enter a memo up to 30 characters long. Enter or select the cash account from which you will be writing the check. If you want to distribute this payment to multiple individual line items, select the Split button.

The Split Transaction window appears, allowing you to make additional distributions. In the Description field, Peachtree offers a default description for the distribution. If needed, change it. Page 22 of 29 21 9. Typical General Journal entries include chart of account beginning balances, depreciation, and account transfers. Here, you also enter adjustments you need to make during Account Reconciliation.

Such adjustments are necessary to account for errors, service charges, check charges, or unrecorded withdrawals or deposits. Unlike other screens in Peachtree, you provide all the accounting distributions in the General Journal.

At other times, Peachtree automatically distributes certain amounts, based on guidelines you set in Maintain menus. Peachtree defaults this date to the Peachtree system date. Select the Reverse check box to have the transaction automatically reversed the first day of the next accounting period. Reversing means that debits become credits and credits become debits. Page 23 of 29 22 For each line enter or select an account ID. If the transaction is associated with a job, enter or select a job ID.

You can later apply the General Journal entry to a customer invoice, if needed. To record an inventory adjustment 1. From the Tasks menu, select Inventory Adjustments. Peachtree displays the Inventory Adjustment window. Enter or select the item ID you want to adjust. To display a list of existing items, type? This can only be an item classified as a stock item, serialized stock item, assembly item, or serialized assembly item.

If the item is serialized, the Serial No button will become available when you select the item ID. You will need to enter or select serial numbers after you have entered an adjustment quantity in Step 7. Enter anything you like in the Reference field up to 20 alphanumeric characters. For example, you could enter your initials or the date in this field. Enter or select the date the change in inventory occurred or the date of the physical inventory count.

The date is automatically filled in as the current system date. If you are tracking jobs, enter or select a job to attach this adjustment to. Page 24 of 29 23 6. The other account affected by adjustments is the inventory account. The Unit Cost default is the current cost of the item and must be positive. Enter the amount to adjust the quantity by.

The Quantity on Hand is already filled in, and Peachtree calculates the New Quantity after you enter the adjustment. If this adjustment is being made to a serialized inventory item, select the Serial No button.

Depending upon whether you enter a positive or negative quantity, either the Serial Number Entry or the Serial Number Selection window will appear. To find out which window will appear, click here. After you have entered or selected serial numbers, click OK to return to the Inventory Adjustments window. If you know the reason for the adjustment, enter it.

For example, Found in warehouse or Theft. Save the adjustment. Accounts: Depreciation Expense, Accum. Depreciation-Equipment 2. From the Tasks menu, select Account Reconciliation. Peachtree displays the Account Reconciliation window.

Enter or select the account you want to reconcile. Enter the Statement Ending Balance the ending balance amount included on the bank statement in the lower-right section of the window.

Transactions that are available to be cleared are listed at the center of the window; you can use the Show drop-down arrow button to select which transactions you would like to appear. By default, checks are sorted by check number. You can change the sort order by clicking the heading of the column you want to sort by. Check to see if these amounts are correct.

If any items represent duplicate entries or bank errors, you can delete them in this window. Select the Clear check box next to each item that is included on the bank statement. You can also use the right-click menu buttons that appear when you select a row; both give you additional options. In addition, you can select the All button to select all transactions as cleared.

Or you can select the Range button to choose a range of checks or deposits to clear. Page 26 of 29 25 When all transactions listed on the bank statement are entered and cleared in Peachtree and outstanding transactions have been accounted for, the unreconciled difference should be zero 0. If not, check the bank statement to make sure that each transaction listed is also entered in Peachtree.

For example, a service charge listed on the statement may need to be entered in Peachtree. Peachtree Complete Accounting and higher only: If the list of transactions includes bank records imported electronically, some may not have been autocleared by Peachtree. These transactions will need to be manually matched to existing Peachtree records and cleared. For information, click.

Now you will learn about how to use Peachtree accounting software in Urdu. This is a software which is designed for holding the accounting department of any company, firm and or school.

Some companies prepare their own accounts programs but mostly not only in Pakistan but all around world peoples use to relay on this software to holds the accounts and finance related activities.