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
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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