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Prepayments And Accruals

  


General search term.
Might be referring to: prepayments – A prepayment is when you pay an invoice or make a payment for more than one period in advance. ... Accruals – An accrual is when you pay for something in arrears. For example, you may receive an invoice for your electricity at the end of a quarter but want to record the payments before this..

  

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