begining balances of inventory

ENTERING THE BALANCES OF INVENTORY

In Peachtree we can mention the beginning balances of our inventor or products easily. We can do this by clicking on “Maintain”. By clicking on “Maintain” following window will appear on the desktop screen. From here we click on “Inventory items” in order to enter our beginning balances of the inventory items in the software. Now from here this window we will click on “Beginning Balances” option and on doing such following window appears on the desktop screen.

Here we will enter the balances of the inventory items one by one by selecting them. We will enter a specific inventory item to enter the balance and enter the number of units in hand in “Quantity”, Per unit cost in “Unit Cost” and remaining “Total Cost “will be automatically calculated by the software. After entering the beginning balances for the inventory items as per our requirements, we press on “OK” in order to save the data entered in the software.

                                       

Now click on “ok” to save the balances which you entered in Peachtree.