Re: divide invoice over more than one period

2023-12-24T06:56:58Z

Yes, of course. Sorry.

Joe

Re: divide invoice over more than one period

2023-12-23T19:23:45Z

Could you please explain? Because I really don't know how I can use a recurring invoice for a purchase. Aren't recurring invoices not only meant for sales?

Re: divide invoice over more than one period

2023-12-23T16:46:16Z

Could recurring invoices be a candidate?

divide invoice over more than one period

2023-12-23T12:57:46Z

Hello,
First post, just taking my first steps with frontaccounting, non native English speaker, please be kind :-)

Thank you all for frontaccounting!
I have used a commercial dutch accounting product for the past 30+ years, so forgive me that I am looking for solutions for the things I did the past 30 years.

Short version: How can I place one incoming invoice into two or more periods?

Long version:
Suppose at January 1st, I get an incoming invoice for an insurance for the first three months of the upcoming year. I would like to book 1/3 of the amount without vat in each of the three first months.

In my current commercial product, this makes 5 journal entries in the incoming invoice:
- accounts payable 108.90, period 2024-01
- vat on purchase 18.90, period 2024-01
- insurancecosts 30.00, period 2024-01
- insurancecosts 30.00, period 2024-02
- insurancecosts 30.00, period 2024-03

My current product allows me to enter a period for each journal entry. I can't seem to find how to handle this in frontaccounting so I can spread the costs on one invoice over the three months.

Thank you all for your time and suggestion.

Kind regards

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divide invoice over more than one period