HOW TO MAINTAIN VENDORS

First open peach tree software this window will appear :

Then click on maintain button and select vendors :

When you click on vendors this window will appear :

Maintain vendors window tells about the information of companies and those people from you purchase goods and services . This information such as :

Vendor ID and name fill in this tabs :

In general the following things includes about vendor :

Contact , account # , address of vendor , country , vendor type , telephone number and e-mail ,1099 type etc . you fill all information about your vendor .

In purchase defaults , you can record or change the information about the transactions :

Purchase rep : in this you can select the employee at purchase rep for this vendor .

Purchase acct: in this enter the purchase account for this vendor .

Tax ID # : in this you can enter the tax ID number of a particular vendor .

And the following information enter the delivery method by e-mail or in paper form etc .

 In this window you fill the custom fields to enter the record of selected vendor and custom fields names are in vendor defaults .

Now click on the history button in the Maintain Vendors window:

In the vendor since : you enter the date when your first transaction with the vendor and enter the following information like last invoice date , the last payment date when you give the payment to your vendor.

Vendor’s Default Information

How to open a default information of vendor :

First click on the maintain button and click the option of default information and then open a sub menu and click on vendor:

When you click on vendor this window will appear :

In payment terms tab : we seclect the information of standard terms and sets the default terms for purchases, and also fill the purchase account , and discount GL account .

In account aging ,we select the invoice date or due date and fill the aging categories .

In vendor default Custom fields can used to enter extra information about vendors .

In 1099 settings : we reset the accuont id of G/L of vendors etc .