Ken Harris
02-26-2008, 10:21 AM
I am new to Peachtree and accounting. I am trying to convert our agency from paper/pencil bookkeeping to using Peachtree. The first year is a trial period to make sure we are matching up the books the "old" way.
We are an independent insurance agency. I have been entering payments made. I used our checkbook, extended the payments correctly. During the course of entering payments to vendors, I have entered payments made to various insurance companies on our customers behalf. The customers are then set up on account and become part of our accounts receivable. Now I am trying to set up the invoicing to our customers. (We still hand type the invoices.) But, I'm not sure if I can do the following since I have already credited our checking acct and debited our A/R as a paid bill . If we go to set up our invoicing this late in the game , do I have to back out all the payments made on behalf of our customers that were set up on A/R, or can I use the customers current balance our manually kept account cards show and then set up the invoicing without effecting what has already been done.
We are an independent insurance agency. I have been entering payments made. I used our checkbook, extended the payments correctly. During the course of entering payments to vendors, I have entered payments made to various insurance companies on our customers behalf. The customers are then set up on account and become part of our accounts receivable. Now I am trying to set up the invoicing to our customers. (We still hand type the invoices.) But, I'm not sure if I can do the following since I have already credited our checking acct and debited our A/R as a paid bill . If we go to set up our invoicing this late in the game , do I have to back out all the payments made on behalf of our customers that were set up on A/R, or can I use the customers current balance our manually kept account cards show and then set up the invoicing without effecting what has already been done.