Financial Management - PSFT (MOSC)

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Prepayment entries in Accounts Payable

edited Jun 7, 2018 12:03AM in Financial Management - PSFT (MOSC) 4 commentsAnswered

We have some vendors for which we make payment yearly at the start of year and it will be stored in prepiad expense account.

Later, it will be expense out on month basis from prepaid expense account to actual expense account (This can be handle in GL module using Standard Journal Entries) but issue in AP we have setup accounts and it will not be changed. How can we handle this in AP module?

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