Deferred Expense Management in Odoo 16 Accounting | Odoo 16 Functional Videos | Odoo Accounting Demo скачать в хорошем качестве

Deferred Expense Management in Odoo 16 Accounting | Odoo 16 Functional Videos | Odoo Accounting Demo

Deferred expenses and prepayments (also known as prepaid expense), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The company cannot report them on the current Profit and Loss statement, or Income Statement, since the payments will be effectively expensed in the future. #odoofunctionalvideos These future expenses must be deferred on the company’s balance sheet until the moment in time they can be recognized, at once or over a defined period, on the Profit and Loss statement. Connect With Us: ————————————— ➡️ Website: https://www.cybrosys.com/ ➡️ Email: info@cybrosys.com ➡️ Twitter:   / cybrosys   ➡️ LinkedIn:   / cybrosys   ➡️ Facebook:   / cybrosystechnologies   ➡️ Instagram:   / cybrosystech   ➡️ Pinterest:   / cybrosys