QB Issue Resolution:
Record the transaction with a Bill or Expense, and assign it to a Prepaid Expense current asset account. Then create a recurring Journal Entry to debit the appropriate expense account, credit Prepaid Expense, to repeat each month for 12 months
Resolution for Issue 'i received a service for the whole year, how do i book the invoice distributing through out 1 year?' available: Yes (Solved).
Source: Intuit Community forum.
i received a service for the whole year, how do i book the invoice distributing through out 1 year?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for credit Prepaid
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Error Recovery for credit Prepaid [Canada]
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