How can I identify MPA Recognition Entries in General Ledger?
Hi,
For a prepaid expense type invoice, we have the Accrual Entry, i.e,
Dr Prepaid Expense
Cr Liability
and we have the monthly recurring Amortization Entry(Recognition), i.e,
Dr Expense
Cr Prepaid Expense
Our requirement is to identify the recognition entry journals in General Ledger to enable reconciliation of prepaid expenses. Any pointers on how to achieve this?
Regards,
Shankar