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#2
11-03-2003, 08:08 PM
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 Re: Accounting for Expenses on an Accrual Basis Thanks. This is a great tip. - quote - > -----Original Message----- > $) should have been $0. > "Dick Watson" <littlegreengecko[at]mind-enufalready- spring.com> wrote in > message news:OX5HJAhoDHA.1284[at]TK2MSFTNGP09.phx.gbl... > > I'd make the first payment something like Miscellaneous  eposit, Credit to> > Follow and then make the 20 weekly "payments" a $) transaction split into > a > > $100 Education:Classes or whatever and a ($100) Miscellaneous eposit,> > Credit to follow. > . |
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#1
11-03-2003, 02:05 PM
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| Re: Accounting for Expenses on an Accrual Basis $) should have been $0. "Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in message news:OX5HJAhoDHA.1284[at]TK2MSFTNGP09.phx.gbl... - quote - > I'd make the first payment something like Miscellaneous eposit, Credit to> Follow and then make the 20 weekly "payments" a $) transaction split into a > $100 Education:Classes or whatever and a ($100) Miscellaneous eposit,> Credit to follow. |
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11-03-2003, 12:40 PM
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| Re: Accounting for Expenses on an Accrual Basis I'd make the first payment something like Miscellaneous eposit, Credit toFollow and then make the 20 weekly "payments" a $) transaction split into a $100 Education:Classes or whatever and a ($100) Miscellaneous eposit,Credit to follow. "Geoffrey" <anonymous[at]discussions.microsoft.com> wrote in message news:06b601c3a1d9$2342ee70$a501280a[at]phx.gbl... - quote - > Does anybody know how to account for expenses on an > accrual basis? > Here is my situation. I paid 2K for 20 classes up front. > The classes are given once a week and will end in 20 > weeks. For the expense, instead of counting the 2K tuition > fee as an expense at the beginning, I would like to make > the expense $100 a week for 20 weeks. Is there any way to > do this? |
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#-1
11-03-2003, 06:07 AM
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| Accounting for Expenses on an Accrual Basis Hi, Does anybody know how to account for expenses on an accrual basis? Here is my situation. I paid 2K for 20 classes up front. The classes are given once a week and will end in 20 weeks. For the expense, instead of counting the 2K tuition fee as an expense at the beginning, I would like to make the expense $100 a week for 20 weeks. Is there any way to do this? Thanks, Geoffrey |
| Tags |
| accounting, accrual, basis, expenses |
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