Prepaid expenses

Feb 17, 2007 1 Replies

I have a vendor that requires prepayment. How do I do this in QB?


Write a check to the vendor. Create a "split", charging accounts payable with the vendor name in the "customer" field.

This will create a credit for you with the vendor.

When the bill comes in, enter it normally, then in pay bills select the item and apply the credit. Voila!

Best,

Peter

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