Prepaid Expenses

Create a prepaid schedule while categorizing a transaction when an expense should amortize over future periods, resulting in a schedule and saved transaction category.

Create a prepaid schedule from the Identification tab when a transaction should amortize over time, resulting in a tracked schedule instead of an unreviewed candidate.

Create a prepaid schedule from a bill-related transaction when the cost should amortize over time, resulting in a schedule that moves out of Identification and into prepaid tracking.

Add another Prepaid Expense transaction to an existing schedule when related costs should amortize together, resulting in a combined schedule amount.

Remove a posted amortization transaction when the posting needs to be undone, resulting in the schedule returning to a postable state.

Compare prepaid schedules against the GL view when schedule balances need reconciliation, resulting in linked missing schedules and a clearer balance history.

Review prepaid schedules from Reporting when you need a complete view by term date, resulting in schedule status and amortization visibility.

Export Prepaid Expense schedule data when you need offline review or workbook backup, resulting in an .xlsx report for the selected term date.

Import existing prepaid schedules from Reporting when legacy schedules need to move into Truewind, resulting in imported schedules that appear in the current prepaid workflow.

Import Prepaid Expense schedules from a workpaper when schedule data already exists in a spreadsheet, resulting in mapped schedules ready for review and posting.

Post amortization from a prepaid schedule when the term is ready, resulting in a journal entry linked back to QuickBooks.