In most software, receipts are just cash transactions so they will not affect inventory. Usually you need to use an item code of some sort to affect inventory. Unfortunately you posted in the Sage 50 Canadian forum and very few people here have experience with Peachtree. Hopefully the mayor will see this and move it to the US forum for you and therefore you may get better answers.

In general, it will help if you can post a sample data entry screen shot when things like this happen. Also, you are using a non-US format date in your message here, is it possible you are doing the same thing in the program and therefore are running reports from Jul 4 2016 past Nov 4 2016? Since this is in the future, the reporting may not be giving you the correct information because the dates are wrong.

I reside and use the software in Nigeria, I use the calendar in the software to add date to the receipts,the item code you are talking about is another thing I don't understand please give me an example of item code. Marisa sent me this link from facebook so I want the direct link to the Sage 50 US forum.

On the website viewing this thread, hold your mouse over the word Support and about the 5th one down is Sage 50 Accounting US, the new version of Peachtree.

Giving you an example of an item code may not be exactly what you need if you don't know how to use them and because you didn't post a data entry screen. However, if you sell Soccer/Football balls of different colours, you may have three item codes, one for each colour like FB100 for Blue, FB101 for yellow and FB102 for red.

I'll forward your message to the mayor so he can move it to the appropriate forum and the next reply will be from that forum for you.

Moving this post to the Sage 50 US (formerly Sage Peachtree) Support Group.

Thanks,
Dderek

Thanks Derek,

I just noticed the email I sent you never left my outbox.

Thank you very much I appreciate your concern.

If you want a sale to affect inventory and cost of goods sold, then you need to include an inventory Item ID when entering the sales invoice (or receipt if you don't use invoices). You can set up inventory items by going to Maintain > Inventory Items. If you aren't familiar with using the inventory features in Sage 50, there is a lot of useful information in the help. Just open the help and go to the "Managing Your Inventory" section on the Contents tab.  I would also recommend reading this blog post.

One last thing, make sure your posting method is set to real time. Go to the Maintain menu and choose Company Information. If Posting Method doesn't say Real-time, then click the button and change it.

You may wish to purchase a study guide. They teach you how to set things up correctly. These are written by Sage.

www.bestbusinessstrategies.com/.../180-2016-Authentic-Sage-50-U-S-Self-Study-Guides.html

It sounds like your inventory items are not set up correctly. What "Item Class" did you use?