peachtree-software peachtree complete accounting 7.0 Quick Setup Guide
Tutorials
Getting Started Guide
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In the General tab, do the following:
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Make sure the Line Item Entry Display option is set to two lines.
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Select both Smart Data Entry options by putting check marks in the
“Automatic field completion” and “Drop-down list displays
automatically” check boxes.
“Automatic field completion” and “Drop-down list displays
automatically” check boxes.
You could possibly have other global options selected as well. However,
the above options are the only ones that directly affect this tutorial.
the above options are the only ones that directly affect this tutorial.
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When finished, select OK to close the Maintain Global Options window.
Tracking Inventory Items
Peachtree Accounting lets you track inventory items both in purchasing and
sales (for stock items only). When you set up an inventory item, you can
establish the general ledger accounts to update with purchases and sales. If
you choose, Peachtree Accounting tracks the cost of goods sold, stock levels,
sales prices, and vendors for your items.
sales (for stock items only). When you set up an inventory item, you can
establish the general ledger accounts to update with purchases and sales. If
you choose, Peachtree Accounting tracks the cost of goods sold, stock levels,
sales prices, and vendors for your items.
Types of Inventory Items
There are several types of items you can use in Peachtree Accounting. These
are called item classes. For a detailed explanation of the following item types,
refer to the Inventory chapter of the User’s Guide.
are called item classes. For a detailed explanation of the following item types,
refer to the Inventory chapter of the User’s Guide.
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Non-stock item
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Stock item
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Description only
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Assembly
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Service
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Labor
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Activity item
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Charge item
Setting Up an Inventory Item
Our sample company, Bellwether Garden Supply, sells and installs garden
supplies and tracks them as stock inventory items. It also offers various
landscaping services and bills clients for items used. First, let’s enter a new
garden supply product to be stocked as an inventory item.
supplies and tracks them as stock inventory items. It also offers various
landscaping services and bills clients for items used. First, let’s enter a new
garden supply product to be stocked as an inventory item.