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Why Do Rent Expense from copied Invoices appear on Income Statement?

edited Mar 7, 2023 9:19PM in Ask A Guru 5 comments

We have our billing set up recurring expenses, i.e. rent, for 12 months out. The issue is they show up on the monthly income statement. This causes my Net Income to be decreased by sometimes 11 months of unpaid rent. Is this supposed to happen?

Should I have billing do extra steps and enter the monthly rent only during the month it is due? The whole point of having the 12 months of recurring expenses put in at once is to say time. Doesn't save much time if they have to modify the income statement to remove expenses that have not been paid yet in order for the Net Income to calculate correctly.

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