Bills - Deferred expenses/amortization of bills spread out over time
To see deferring expenses of bills that’s spread out over time.
Purpose: To save time posting manual reversal journals and users’ can get the ‘economic value’ figure easily.
12
votes
AdminXero Team
(Admin, Xero)
shared this idea
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Damian Clark
commented
This app is working towards being a cost-effective solution for amortization type adjs like prepaymetns and deferred revenue (and also forecasts from the repeating invoices schedules, and more)
Looking for testers
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Chorus Executive Finance
commented
If we could enter a bill into contacts and be able to spread this bill over various months so that the expense was allocated to the applicable time periods the bill relates to, this would save a lot of time and effort in creating manual journals to spread costs.