Bifurcation of prepaid expenses

This query is : Resolved 

31 October 2024 How to bifurcate of prepaid expense.
Days wise or month wise Please reply.

04 November 2024 Both methods are acceptable, but the choice depends on your accounting policies and the level of accuracy you need for financial reporting. Month-wise is usually sufficient and simpler to manage, while day-wise provides higher precision if necessary.



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