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IMPORTANT
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PRODUCT OVERVIEW
The 2025 Prepaid Expense Tracker is designed to help you accurately track, amortize, and reconcile prepaid costs over multiple periods. Whether you’re an accountant, business owner, or financial professional, this user-friendly template simplifies prepaid expense management and ensures your records stay in sync with your general ledger (GL).
Key Benefits & Features:
- Simple Data Entry – Just input the prepaid item, starting balance, amortization duration, and start period. The template does the rest!
- Automated Amortization Schedule – The spreadsheet calculates monthly and year-to-date (YTD) amortization automatically.
- GL Reconciliation – Easily compare your amortized amounts with actual GL balances to spot variances.
- Flexible Period Tracking – Supports up to 60 periods (5 years) and can be expanded for longer-term tracking.
- Customizable Start Date – Set any month as your first period to align with your fiscal year.
- Track as Many Items as You Need – If you need more items to track, simply insert more rows and expand the formulas.