Maintain Inventory item

Step 1 : First open peachtree software and your company. To maintain Inventory Subsidiary ledgers click on maintain menu and click on “Inventory Item”

                        

Step 2 : Following window will appear :

Step 3: First enter Item ID and description.

Step 4: Enter the Item Class. There are 6 options in it e.g. Stock items, Master stock item, Non stock item, Description only, service and labor.

Step 5: Now the next thing is general tab. select the description first. Then enter the Price level 1, Item tax type, Last unit cost and Cost method. After that enter general ledger sales account, Inventory Account and Cost of Good sold Acc.

Step 6: Now enter Item type, Location, Unit/Measure, weight, Minimum Stock, Recorded Quantity, Preferred Vender ID and buyer 

Step 7 : click on customer field tab and enter alternative vender, substitution and special notes.