Archive for category Sage 50 / Peachtree Tips

Receiving Inventory In Sage 50/Peachtree Without an Invoice

The “Waiting on Bill” option in Sage 50/Peachtree allows you receive inventory before you have an invoice for it. This tip explains how and why you should use it, as well as how to work around some of its shortcomings.

Negative Inventory, Cost of Goods Sold, and SysCost Adjustments in Sage 50 / Peachtree

Sage 50 will let you sell more inventory than you have on hand. But how does that affect inventory and cost of goods sold?

Recurring Transaction Setup

If you manually enter the same transaction every week, month etc, recurring transactions can save you time.

Pricing Formulas

Pricing formulas can make it easy to changes prices for your whole inventory.

Using Price Levels in Sage 50 US Edition (formerly Peachtree)

Easily assign different prices to different groups of customers using price levels.

Creating an Annual Financial Forecast

Learn how to combine budget and actual data using a custom income statement to make a year-end projection.

Why Does The Word “Duplicate” Print On My Checks And Invoices?

Do you ever see the word “Duplicate” printed in the signature area of your checks or below the invoice number and date on your invoices even when you are printing them for the first time? Read this tip for two ways to solve this problem.

Apply Vendor Invoice To Customer Balance

If you have customer that are also vendors, you may want to offset the A/R and A/P balances against each other. This tip shows you how to do it easily.

1099s – HOW TO GET THE RIGHT AMOUNT ON THE RIGHT FORM

Peachtree can print both 1099-MISC and 1099-INT forms. And on the 1099-MISC, amounts can go in up to 11 different boxes. This tip will show you the 2 settings in Peachtree that make it easy to get your 1099s to print correctly.

WRITING OFF BAD DEBT

As we approach year end, many people want to clean up uncollectable balances in their accounts receivable. Follow these easy steps for writing off bad debt.