peachtree-software peachtree complete accounting 7.0 Quick Setup Guide

For the remainder of these tutorials, the Hide General Ledger Accounts 
global option will not be activated so that you are exposed to all the 
Peachtree Accounting window elements.

Let’s review some of the things we learned in this lesson.

We covered the basic accounts payable tasks—ordering items using 
purchase orders, printing purchase order forms, receiving inventory 
and applying purchase orders to purchase invoices, applying a 
payment against the purchase invoice, and printing the 
disbursement check.

We learned how some of the various features of Peachtree 
Accounting work together. The discount information entered in 
Maintain Vendors was automatically included in the new purchase 
invoice entered and was subtracted when entering a timely payment.

If you want to record an invoice now and pay for it later, use the 
Purchases/Receive Inventory window. If you want to print a purchase 
order, leave the PO # field blank on the Purchase Orders window. If 
it’s a direct cash purchase, enter a payment using the Apply to 
Expenses tab.