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Created by AgExpert Support
Created on Mar 25, 2018

Disqus Agexpert Accounting Questions Archive

I need to pay an invoice in part from pre-paid funds and part from cc. How do I do this? I can access pre-paid items in the general journal, but I can't figure out how to tag that against a specific payable. Maybe I should only enter the amount of the payable which gets paid by credit card as an actual payable, and just deal with the other portion through the general journal and have 2 separate entries on this one.

  • ADMIN RESPONSE
    Feb 10, 2025

    If you have a balance sitting on an Asset account due to a pre-paid item. You can pull all or a portion of that balance in to a transaction using an A- line. In your example, I would enter a withdrawal from the credit card, then an A- line to pull in my prepaid amount and finally a PP (Payable Payment) line to clear the A/P item(s)

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