User Guide

Tutorials

Getting Started Guide

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• In accrual-based companies, entering typical invoices debits the

accounts receivable subsidiary, and distributes the offsetting credit to

the applicable income and sales tax payable accounts. If inventory

items are used, inventory accounts are credited and cost of goods

sold accounts debited.

• If you want to look at a graphical overview of all outstanding

invoices from customers, use the Collection Manager’s Graph level.

To zoom in on all outstanding invoices by aging bracket, use the

Collection Manager Bracket level. If you want to view all outstanding

invoices for just one customer for an aging bracket, use the

Collection Manager Detail level.

Now that you have been introduced to the Accounts Receivable module of

Peachtree Accounting, you are ready to proceed to Lesson VI—Payroll.