CUSTOMERS DEFAULTS

First we are open the software Peachtree Accounting. After open the software and click the  Maintain Option on the Tool Bar. Maintain and then enter the default information have many options click the Customers option.

So, clicking the Customers option then this window are given below . And who windows are given below

At the end of these windows information are given as per requirement.

PAYMENT TERMS
COD :  Choose this option  (cash on delivery) your customers.

 PREPAID: Choose this as per your reqired your customers prepay the goods and services.

Due in number of days :Choose this option customers to pay invoices within a specific number of days.

Due on a day next month :Choose this option most of your customers to pay invoices by a specified month of day..

Due at the end of month: Select this option customers to pay invoices by the last day of month.

Net Due in: Enter the number of days after the invoice date that the invoice is due.

Discount in:Enter the number of days past the invoice and then customers to get discounts.

Discount Percentages: Enter in this option percentage of the total invoice amount as a discount.

Credit Limit:Enter the total amount of credit you allow your customers.

G/L Link Accounts:This accounts identify the default sales.

G/L Sales Account:Enter or select the account you want to use as the default sales (income) account when entering customers.

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General /Legder Sales Account:In this option when the mouse cursor on this option and then the two adding options are given  this. Enter or select this account ID you want to use as the default sales (income) account when entering customers.Double click on this option you watch a list of accounts.Open a list you select from.

Discount GL Account:Enter on this option you want to use of discounts.To add the new account type and double click the field default sales (income) account when entering customers.open the list you choose from this accounts list if you have. Selected and enter all these options then clicking the OK button And you selected these opions clicking the CANCEL button as per your choice.

ACCOUNT AGING

In this Account Aging invoices are recorded and what aging options will be used for Accounts Receivable.Select between two options one is Invoice and second is Due Date.

1.You selected “Invoice Date” option show how old each customer invoice and balance is.

2.You selected “Due Date” option show how overdue each customer invoice is.

Many people select the invoice date to age customers and vender option are selected by due date.

Aging Categories: In this options use to set of ranges of number of days and column heading for the  aged receivable and collection analysis. The number of days option box can be either number of days beyond the invoice date or beyond the due date, depending on what you enter in this option age invoices as per your required.

Cutom Fields

Field labels in these options allow to save data like unique information to your business. In these optons of customers point of view. Enter these options identify the data type you want as per choices in the customer fields . 5^th option click and enabled this option and add the data of the customers point of view .The enabled box must be select or click on this for text to be enter in this option. Maintain customers-prospects window are given below.

Finance Charges

 Choose this tab option to set up when and how to calculated customer finance charges.

Charge finance charges: Choose this option check  to allow charges  to be calculated for allcustomers.

Finance Charges:This charges can be calculated & applied to your customers for invoices that are given due. In the case you apply this charges option must be selected. Activated this charges options and also you set the conditions for calculating this charges.

Charge interest on finance charges:Choose this option box if  you want to charge late charges .

Finance Charge G/L Accont:Like finance charges account general legder account. Find out this charges on the clicking button on the space of this account.

Apears on invoices and statements as: Late Charges and Finacne Charges as per your choice.

Print Finacne Charge Warning Message (On invoices) as:

In this print a message in invoices that warns about incurring finance late charges. And if you want to print this warning message field below this box.

Select this check box to if you want Peachtree Accounting to print a message in invoices that warns about incurring finance (late) charges. Enter the message you want to print on the invoice in the Finance charge warning message field below the check box. e.g, overdue  invoices are subject to late charges.  OK, CANCEL AND HELP options on the right side of the all windows.