AP Process Prepaids/Future Liabilities window

AccountsPayableCS > Accounts Payable > Accounts Payable Period End Tasks menu > AP Process Prepaids/Future Liabilities window

When you enter a bill as a prepaid or a future liability, use this utility to expense the bill to General Ledger.

This utility selects all prepaid and future liability expenses that reached their expense date and transfers the expense from the holding account to the expense account.

Prepaids

Select this option to process only the prepaid expense(s).

Futures

Select this option to process only the future expense(s).

Both

Select this option to process both prepaid and future expense(s).

Process For All AP Codes

Select this check box to process prepaids and futures for all AP Codes. This field is only available if you have more than one AP Code.

AP Code

To process prepaids and futures for just one AP Code, deselect the Process For All AP Codes check box and enter an AP Code in the AP Code field.

Preview

This check box is only available if Accounts Payable is integrated to General Ledger. Select this check box if you want to print the GL Account Impact Summary Report. The impact report shows you how unposted transactions will affect your ledger accounts after you post. The report only takes into account the transactions in this batch.