Financial Management - PSFT (MOSC)

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How do we manage Advance Payments

edited Jun 19, 2017 3:56AM in Financial Management - PSFT (MOSC) 4 commentsAnswered

How do we manage advance payments like license Fee payment which is of whole year. We make payment in advance(in January) in AP but it needs to be expense out on monthly basis.

Is there any delivered process or do we need to use allocation rules to manage such type of payments.

Also, i am not sure will this be answered by AP community or GL.

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