We pay rent quarterly for a given year.
Jan to March 3k
April to June 3k
July to Sep 3k
Oct to Dec 3k
So total 4 cheques are issued in a year for Rent payment.
1st Jan - amount = 3k
1st April - amount = 3k
1st July - amount = 3k
1st Oct - amount = 3k
However, for our internal understanding we want Monthly P&L Report to show rent paid as 1k.
So we want to bifurcate quarterly rent into monthly for P&L Report .
How should we pass such entry in Manager where the Bank A/C date is not affected and it reconciles with our bank Statement and at the same time, the rent is divided monthly.
For eg. Cheque payment for Jan to March , amount 3k:
Can we create utility bills or some voucher in Manager to record monthly rent of 1k?
and in Bank A/C - under Spend Money: we can pickup the Rent vouchers
Total = 3k
And Spend money.