Prepaid expenses

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

Reply to
nospam
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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

Reply to
foldem

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