“Peachtree”

                                Vendor credit memo

The purpose to prepare “vendor credit memo” is to record the “returns” of such item which were purchased in past.

To access “vendor credit memo” in Peachtree software, click on the “tasks” that is given in the task bar and click on the option of “vendor credit memo” as shown below:

Then the following screen will appear:

 Now you are required to fill some essential information to proceed further and that information is:

o   Vendors ID

o   Date

o   Credit No.

o   a/c payable

o   item

o   quantity of the item

o   description

o   GL account

o   Unit price

o   Amount

o   Job etc

You can use “look up” option for searching the vendor for ease. The option of “look up” is provided with the GL account, account payable and item as well. After completion of record, click on save.