Payment Procedure

Payment Procedure

When we receive the purchase order we have to make the payment of that purchase. So for doing that, First open Peach tree software and go to tasks as below:

Click the Tasks button and select the Payments as below:

When you click the payments button the following window will appear:

Vendor ID: In this window write the Vendor ID to whom the payment is made.

When you select the vendor the following window will appear:

In window Apply to Invoices: 0.00 will appear

Date: Put the date on which you are going to pay the vendor.

Cash Account Balance: This account shows the cash balance.

Cash Account:  Write the cash id.

Click the Pay Button and the payment will automatically transfer to the vendor. If you pay the amount within the discount limit then you will get discount.

Discount Account: At the bottom of the window you can see the Discount Account. If you avail it then write the ID in it.

After that all procedure to save this all information click the save button.

If you have not maintain the vendor then first maintain the vendor ID, Inventory Stock then again follow the above procedure,