How to record any payment in peachtree software

You can open the payment tab by clicking on the task button and select the payment:

By clicking on the payment option the following window of payment will be appear on your computer screen:

                                     

You can choose the vendor to whom you want to make the payment by clicking on the look up button as shown below:

The column of date will show you the date on which the payment order is written. If the payment will be made within 10 days then you will receive 2% discount as written in the terms when we were maintaining this vendor. If you want to record the discount you've to maintain an account in charts of account and select it in discount account option which is placed in the bottom of the page.

If you don’t have a purchase discount account in your charts of account you can make it just by clicking on the discount account column you can make it:

Now when you will select this column then you entry will be recorded and saved:

 the above figure you can see that the pay column is checked and the amount paid is decreased by the amount of discount, this means your total payment will be off 490,000/-.