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What is the impact of applied prepayments in AP module

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Question added by Mohamed Singer , Co Founder , MHS
Date Posted: 2014/03/31
khaled Ibrahim Sayed Abd El Salam Ibrahim
by khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

First it mean a Disaster , as prepayments means that its Goods / service didn't finished yet and we pay it in advance , by sequence once you make it then it lead you to expense not actual finished but even worth not belongs to this peirod when you makeing your statements.

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