Invoice & Bill Posting Date Issues Across Multiple Periods

Derek Atkins warlord at MIT.EDU
Fri Dec 15 10:51:23 EST 2017


Adrien,

Adrien Monteleone <adrien.monteleone at gmail.com> writes:

> Sorry, allow me to rephrase, when do I acquire the pre-paid expense ASSET?

Can you please explain what you mean by a "pre-paid expense asset"?  Is
it an Expense?  Or is it an Asset?

Could you give a concrete example of something that is a "pre-paid
expense asset"?

Sorry for being dense, but I still don't grok what you're trying to do
or how this is mapping into a real-world transaction.

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-derek

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       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
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