Dear Sir,
We have a following scenario related to Pre-Paid Expenses .
Say we place a Service Order to some Vendor for the Annual Maintenance Services (AMC) of Computers for a value of Rs 100K and as per the payment terms amount is paid to Vendor in advance half-yearly (means 50K advance half yearly) .
We need to address this Pre-paid exepnses in SAP , so that every month actual expense gets booked to relevant expense head .
Kindly guide us about the steps to be followed to meet the Pre-paid expenses accounting .
Regards
Sonia agarwal