How to Maintain Vendor

                                    Maintain Vendor

Vendors are maintained for the companies or people from we purchase goods or services on credit basis. This includes some information like.

Vender’s name, address, phone numbers, mailing address, All history of purchases and payments etc.

Steps to maintain vendor record

Open your Peachtree software open your existing company and after that click on the maintain menu a bar of different information will appear click on the Vender
                                            

when u click on the vendors following window will be open.
                       

After this you have fill some information appearing on the vendors window like
1) Vendor ID.
2) Vendor name and other necessary information’s under the General Head.

After filling these information’s  in vendor  window click on the save button.

Now click on the Purchase default  in  Maintain Vendors 

                         

After clicking u can see following information in Purchase Default.
1) Purchase Rep
2) Purchase Acct
3) Tax ID num . 
4) Ship Via
5) Terms.
6)  From Delivery Option.

Write the vendor ID his name and fill  the above information select your employee for Purchase representative, enter the Purchase Account Tax ID number Terms of payment commonly payment is paid under 2% 10, Net 30 Days however you can change the term with your vendors.

After filling these information select the other option of Custom field

In the custom field you will give the name of custom field that is already set up in vendor Defaults.

History in Maintain Vendors
                                 

To see the history click on the History tab in the maintain vendor. When you are entering a new vendor write  information about the vendor such as

Vendor since.
Last invoice date.
last invoice amount.
last payment date.
last payment amount.