How to Maintain Purchase Receive Inventory

How to Maintain Purchase Receive Inventory.

The following steps should be followed while maintaining the purchase receive inventory while using Peachtree software.

First we open the existing company on Peachtree software.

Then we click on the task and select the Purhase/Receive inventory as shown in the following picture.

After that the following window will appear on the screen.

In this window we will enter the following data:

·         Vendor id of the particular vendor  from which we are purchasing or receiving inventory.

·         Date of receiving data

·         Invoice no of particular receiving.

·         Term connected with receiving our purchasing

·         Quantity or name of inventory purchasing or receiving.

·         GL account No.

·         Unit price at which we are purchasing.

·         Final amount of purchasing/ receiving.

·         Other payments or credits of the vendor.