If you’re not using items, then recording a prepayment is easy. Prepayment is not an income nor expense but a current asset, a balance sheet account. Enter a payment, select your supplier and the bank, enter the date and amount, and use prepayment as your balancing account. Okay, save it.
![Prepayment](https://static.wixstatic.com/media/82da34_d81d6848abed418d8ec706e2231fe0da~mv2.png/v1/fill/w_980,h_518,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/82da34_d81d6848abed418d8ec706e2231fe0da~mv2.png)
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