Accruals and prepayments


M

Martin Payne

I am running Quckbooks 2002. At the moment I am finishing my year end and I
am looking to enter prepayments and accruals. However, I cannot find any
menu item that allows me to do this. Can anyone suggest how this should be
done?

Many thanks

Martin
 
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?

!-!

Customer prepayments? Simplest method is to record them the same way
as "regular" payments.

Vendor prepayments? Enter a cheque payable to the Vendor, to Accounts
Payable.

General Journal Entries for accruals.
 
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M

Martin Payne

Thank you. I'll try that.

Martin


!-! said:
Customer prepayments? Simplest method is to record them the same way
as "regular" payments.

Vendor prepayments? Enter a cheque payable to the Vendor, to Accounts
Payable.

General Journal Entries for accruals.
 

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