Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Prepaid expenses that may be to small? (https://www.askmehelpdesk.com/showthread.php?t=835996)

  • Dec 11, 2017, 01:23 PM
    phoebono
    Prepaid expenses that may be to small?
    Do all annual service agreements need to be prepaid and amortized
    Or can small contracts say under $1000. Just be expensed?
  • Dec 11, 2017, 07:18 PM
    paraclete
    Your choice you can operate on a cash basis or an accrual basis

    • All times are GMT -7. The time now is 01:00 AM.