Good afternoon,

I have been asked to allocate some of this years income for a future event. Is this possible? And if so, how do I do it?

Hoping you can help
Jeff

Hi Jeff,

Do you mean you have received money from a customer now but have not yet
supplied the goods or services to that customer? In that case create a
Money Received transaction with the Type set to 'Advance Payment'. Later
when you supply the goods or services create an invoice for that customer
and Solar Accounts will ask if you want to apply the advance payment to
that invoice -click 'Yes'

Hi Mark,

Our tax year ends this month and we have an event planned for September
which we wish to pay for this tax year but don't have an invoice yet. Is
it possible to 'pre-pay' to a liability account? If so, then how please?

Jeff