How to Enter Cash Disbursements in Peachtree

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Peachtree accounting software is an industry standard with both accountants and business owners alike. The user-friendly interface makes it fast and easy to record all financial aspects of a business's balance sheets. Bookkeepers enjoy the flawless handling of the books, and business owners appreciate the ability to print ledgers directly from Peachtree, which produces comprehensible data out of the sometimes foreign language of accounting. Many users find it simple to record important information in the ledgers, such as entering cash disbursements into their journals.

  • Open Peachtree. Enter your General Journal to start recording your business transactions. To do this, simply select "Tasks" from the menu bar, and select "General Journal Entry." The General Journal includes journals for purchase orders and accounts receivable, and can track purchases using cash, checks, credit/debit cards, C.O.D.s and other forms of payment.

  • Record your purchases and cash payments in the journal. You can select each new entry by pressing the "Tab" key or selecting it with the mouse. Once all of the entries are completed, verify that they are correct, and click "Post."

  • Post the resulting ledger information to both the purchase journal and cash disbursement journal.

  • Print the cash disbursement journal for your records. Your CPA will most likely ask for the hard copy at the end of the year.

Tips & Warnings

  • Many business owners use Peachtree to balance their own books. However, it is wise to hire a professional bookkeeper/accountant.

References

  • Photo Credit Andrew Dernie/Photodisc/Getty Images
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