Thanks,@john-pero. I guess then there is no way to record as a prepaid expense and still be able to see the full payment hit the P&L when running a cash basis s...

Using the method you outline, I don't believe you're able to see the full payment hit the P&L in the month paid (cash basis), as the payment is coded to the bal...

I still have not seen a solution to record prepaid expenses such that the expense can be viewed properly on a cash and accrual basis.For a 1 year liability insu...