Peachtree 2012 tax update download

Repeat step 1 to 3 till all chart of accounts are created 5. Select Close. From the Tasks menu, select General Journal Entry.

Peachtree displays the General Journal Entry window. Enter or select the date of the transactions you want to enter. Page 9 of 29 8 Peachtree defaults this date to the Peachtree system date. If you are in an accounting period that is different from the system date, then Peachtree displays the first day of that period.

Enter a reference for the transaction up to 20 characters. If you enter a number reference, Peachtree will increase future General Journal entries by one while this window is open. For each line enter or select an account ID. To display a list of existing accounts, type? For each line enter an amount in either the Debit or Credit columns.

For each line enter a description for the transaction. The description will appear in General Ledger and various reports. Once the Out of Balance field is zero 0.

Click on New Account 2. Click on Account Beginning Balances 3. Enter balances for accounts as listed in Computer Practice 5. Be sure that debits and credits balance Set Up a Customer Use this procedure to set up a new customer record. Enter a new customer ID, and complete the necessary information. Click New Button from the window that appear at the bottom side of the window 6. Create two chart of accounts for the customer. Close the chart of account window 8.

Clock GL sales Account button again 9. Select Chart of Account for the Customer just created. It is of the account type Income. When you're finished filling in the window, select the Save button. On the General tab, select the Beginning Balances button. Peachtree displays the Customer Beginning Balances window. These transactions can be adjusted at any time unless a receipt has been applied to the invoice. If a receipt has been made, the invoice will have a gray background.

To edit it, you must delete the receipt first. To enter beginning balances for additional customers, select the Customer Balances tab. Double-click the customer name, or highlight the name and select the Invoices for tab. Set Up a Vendor Use this procedure to set up a new customer record. From the Maintain menu, select vendor. Enter a new vendor ID, and complete the necessary information. Note: Account Type should be expenses and Account payable Close the chart of account window Click GL expense Account button again Select Chart of Account for the vendor just created.

It is of the account type Expense. To enter beginning balances for additional vendors, select the Vendor Balances tab. Set Up an Inventory Item Use this procedure to set up a new inventory item record. From the Maintain menu, select Inventory Items. Enter a new item ID, and complete the necessary item information. Peachtree displays the Inventory Beginning Balances window. From the item list, enter or select an item ID that you want to record a beginning balance.

Page 12 of 29 11 4. For each item, enter two of the three fields: quantity on hand , unit cost, and total cost. Peachtree will calculate the third or remaining field. When finished entering beginning balances for all your inventory items, select OK. Name of Company: Your Name Consulting b.

Address: E. Moorpark, San Jose, CA c. Phone Number d. Fax Number e. Federal ID — f. State ID g. Choose a Sample Company, Type is Service h. Method of Accounting: Accrual i. Posting: Real Time j. First Period Entering information: January l. Add the expense account: Licenses and Permits m. Add Account Beginning Balances for January i.

ADD the following customers: i. Quality Construction, Stevey Reynolds Blvd. Fremont, CA , , bob qualityconstruction. ADD the following vendors: Page 13 of 29 12 i. First National Bank, P. Box , Memphis, TN , , www. ADD the following inventory items i. Balance Sheet for January 31, ii. Customer List iii. Vendor List iv. Enter or select the customer ID.

To display a list of existing customers, type? When the customer is selected, Peachtree supplies the customer default information, including billing and shipping addresses, sales account, shipping method, payment terms, and sales tax code. Page 14 of 29 13 2.

If this customer has open sales orders, the Apply to Sales Order tab appears in front. To enter new items on the invoice, select the Apply to Sales tab. Leave the Invoice field blank if you want Peachtree to print an invoice. Peachtree will increase the invoice number by one when it is printed. Enter the date of the transaction if it is different from the displayed date. If you have entered a default shipping address in the customer's record, the first shipping address will appear on the invoice.

You can select another shipping address from the choices available in the Ship To drop-down list, or manually enter another address in the Ship To fields. If you have entered a default P. If not, you can enter the customer's purchase order number now or change the default to any other piece of information that will identify this invoice to the customer. If you have entered a default shipping method in the customer's record, it will appear.

You can select the Ship Via button if you want to select a different shipping method. You can also enter a ship date. Peachtree uses the default terms you have entered for the customer, but you may want to select the Terms button to change the default discount dates or amounts for this invoice. When a receipt that qualifies for an early-payment discount is applied against the invoice, Peachtree will calculate the discount.

If you entered a default Sales Rep in the customer's record, it will appear. Enter the information for each item included on the invoice on a separate line, including the item's quantity, item ID, description, unit price the number of decimal places is selected in Global Options , sales tax status, and job information. Select the line item with the serialized inventory item, then select the Serial No button to enter or select serial numbers.

The Serial Number Selection window appears. To change the account ID, type? Continue entering line items until you have entered them all. If you have received a partial or full payment for this invoice at the time of the sale, select the Amount Paid at Sale button. Peachtree displays the Receive Payment window, where you can enter receipt information. The Net Amount Due displays what the customer currently owes for the sale. At the bottom left corner of the window, the selected customer's balance, credit limit, and credit status is displayed.

You can click the arrow button to the right of the customer balance to display the current Customer Ledgers report for this customer. Select the Print button if you want to print and save the invoice. Otherwise, click the Save button. Apply a Payment to an Invoice When a customer pays an invoice, enter the amount in the Receipts window. To enter customer payment on an invoice 1. From the Tasks menu, select Receipts.

Peachtree displays the Receipts window. Page 16 of 29 15 2. The application has a setup wizard that contains numerous business types. All you need is to select the most suitable business type which is close to your needs. There are number of templates of different accounts available which can be selected according to your need.

Peachtree offers a full scale sales tax service. Tax service is provided with a fitting tax unit and matching tax rate setup. It is applied while dealing with transactions. Now with Peachtree payment of bills can be done online. It permits users to accept and process credit cards. Search tool and navigation option has also been enhanced greatly in this version.

This version also provides sophisticated reporting options. Reports can easily be customized and it can be opened either solely or in group. This version has also emphasized greatly on security and a comprehensive multi-level security is provided. You can set the security level on each unit of the program. Security level can also be set on any of the task in a particular unit. On a conclusive note we can say that Peachtree is a great tool for all your business tasks related to accounting it is easy to use with user friendly interface and there is a complete help function available within the program which can be accessed at any time whenever you are in trouble.

Features of Peachtree Listed below are some of the features which you will experience upon Peachtree Free Download. Peachtree System Requirements Before you start Peachtree free download make sure that you system meets the minimum system requirements. This is complete offline installer and full standalone setup for Peachtree This will work for both 32 Bit and 64 Bit operating systems. Password is: getintopc.

But we have managed to provide you full offline setup of Peachtree accounting software. You can install it without internet. You will need to do this each homework session. If that does not solve your problem, try another operating system. Be sure to do this each homework session. May 04, Sage Peachtree Complete Accounting torrent. Download peachtree pc accounting software for free.

And many more programs are available for instant and free download. Sage Peachtree Complete Accounting Written by Ardent Editor on May 4, — pm - Businesses usually succeed not only through effort and diligence but also in using the right tools. Issue 1—The program loads but Waren Sports Supply is not there.