Make Prepaid Schedule Adjustments

Prepaid schedule adjustments let you edit or delete prepayment allocations on bills. This helps you track customer prepayments accurately and ensures that changes flow through to the related journal entries.

To Adjust a Prepaid Schedule:

1. Go to Accounts Payable > Bills.

   
2. Find the bill you want to adjust. Ensure it has a prepaid schedule service period.

   
3. Click the three dots in the upper right corner of the bill and select Adjust Prepaid Schedule.

   
4. Update the prepaid schedule per line item:

   • Unlock closed periods to edit their line items. (Only open periods can be edited.)

   • Edit the Date or Amount fields for open line items.

   • Click the trash can icon to delete a line item.

5. Click Confirm in the bottom right corner to save your changes.

   

To Review GL Impact:

1. Click the three dots again on the bill.

2. Select GL Impact from the dropdown menu.

   

   The journal entries are updated based on your schedule adjustments.

   

See also

For related prepaid workflows, see the following articles:

• Prepaid Expenses

• How to Create a Prepaid Expense