EasyFarm Tutorial: Prepaid Expenses
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8 سال پیش
-
Sometimes, you will need to
Sometimes, you will need to pay for expenses before you receive them and will need to expense these products as they are received.
First, you will need to set up a few accounts, which are listed in the manual under the prepaid expense section.
Now, click on transactions.
Write the check out to the appropriate vendor and use account 9-1-0-6, prepaid expense.
Click save, and then save again to save the entire transaction.
Next, we will need to put $10,000 into an asset account.
Click on Assets, next click on Add and enter the account 1120 – FEED.
The next step will be to reduce the Asset inventory and increase the expense account once you actually receive the feed from Farmer’s Elevator.
You can either enter a journal entry on the Feed Asset account,
(wait 10 seconds)
or enter it in the crop and field module if you have the Pro or Premier versions.
(wait 10 seconds)
Next, we will look at machinery transactions.
First, you will need to set up a few accounts, which are listed in the manual under the prepaid expense section.
Now, click on transactions.
Write the check out to the appropriate vendor and use account 9-1-0-6, prepaid expense.
Click save, and then save again to save the entire transaction.
Next, we will need to put $10,000 into an asset account.
Click on Assets, next click on Add and enter the account 1120 – FEED.
The next step will be to reduce the Asset inventory and increase the expense account once you actually receive the feed from Farmer’s Elevator.
You can either enter a journal entry on the Feed Asset account,
(wait 10 seconds)
or enter it in the crop and field module if you have the Pro or Premier versions.
(wait 10 seconds)
Next, we will look at machinery transactions.
8 سال پیش
در تاریخ 1395/05/29 منتشر شده
است.
211
بـار بازدید شده