Dealing with prepayments / journal transfer (block management)

This guide has been reviewed against our global client base and classed as relevant to all regions

This article covers how to post a prepayment into the next financial year

1. Access transfer screen

From the Charges/Budgets screen:

2. Enter prepayment details & post

Enter details for the prepayment

3. Transactions journal entry

Accessing the Transactions screen for the estate will display the credit and debit just applied - entries are shown in date order

In the example shown right, the Debit is shown at the top of the screen and the Credit at the bottom (out of shot)

Prepayments are reflected in the Income & Expenditure and Balance Sheet reports

For further information on these reports, click here

Knowledge Base