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Status Answered
Created by AgExpert Support
Created on May 16, 2017

Disqus Agexpert Accounting Questions Archive

We prepaid fertilizer in 2016 to payable account that was paid in full. How do I post this?

  • ADMIN RESPONSE
    Feb 10, 2025

    If I understand things correctly, you entered your prepaid fertilizer as a Payable charge in 2016. To record the payment of that item, now enter a withdrawal and use line type PP (Payable Payment) to apply the payment against the outstanding invoice.

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