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Accounting & Compliance
Accounting & Compliance
Prepaid Expense Calculator
Apportion a prepaid expense between the current and following financial year on a day-count basis — automatically split across every year it touches, with suggested journal entries.
Expense Details
Financial year splits (1 Apr – 31 Mar) are worked out automatically from the dates — no need to enter a cut-off separately, and a period spanning more than two years is broken into one row per year instead of a single lump "prepaid" figure.
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Enter the amount and coverage dates
The financial-year-wise split appears here instantly.