Recognition schedules can create a reviewed monthly plan from a posted prepaid-asset source. Select the company, choose a new schedule and set Schedule type to Prepaid expense. New schedule creation requires the supported current Institution Accrual book setup and access.
Choose the Prepaid asset account and Expense account, then select the original posted source. Eligible prepaid balance subtypes include Other Current Asset, Other Asset and Prepaid Expenses. Bank, card and fixed-asset accounts are outside this recognition balance selection.
Enter the amount to recognize, first recognition month and number of months. Review Exact monthly preview and explain the accounting assumptions and supporting records. The source amount must be available and the plan must follow the supported full-calendar-month model.
Confirm that you reviewed the source, treatment and dates before saving. The plan prepares source-linked journal drafts; it does not post automatically or calculate taxes. Open each eligible period and complete the separate journal action allowed by current Books permissions, preserving the original prepaid source throughout the schedule.
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