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
Accruals and prepayments
Nov 10, 2005
2 Replies
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.
Thank you. I'll try that.
Martin
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