Receipts

Receipts are made to receive or make payments. The issuing date of receipt may vary from the date of invoice as sales are often made on credit basis.

            In order to know how to make receipts in Peachtree, click on the Task menu and then select Receipts, as shown below

Then the following screen will appear

In this window, we first select the Type of ID (either customer or the vendor whose receipt is going to be made), from this drop down button (which is presently showing customer ID) .When can either select customer ID or a vendor ID, as we can see in the screen below

Then select the customer ID or the vendor ID (according to the type of ID; you have previously selected) from the magnifying mirror in the screen, as we can see below

We select the ID of our customer. We can either directly sell the goods by making a receipt or make a receipt for an invoice (which was already made for the customer).  As we select that customer whose invoice had been made already but payment is not yet made; the screen will look like this

We can see in the screen that now the Apply to Invoices tab has also been activated. The software is giving us all the details of the invoice of our selected customer.

But if the same customer want to purchase some additional goods, we can record them in the apply to revenues tab, under the same receipt number, as we can see below

Moreover in this window of receipts, we have to give some other important information. For example

·        The Invoice number in the Reference,

·         The Receipt Number

·        Date at which we are making the receipt in Date

·        Have to select the mode of payment in the Payment Method.

·        Give  the Bank deposit slip number in the Deposit Ticket ID

·        In the extreme right side of the window, we have to select the Type of cash account in Cash Account

As we can see below

The same is the process for the vendors if we select the Type of ID as a vendor ID, as we can see below;