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What does Prepaid Expense mean?

An expenditure for which payment has been made but the benefit has not yet been received.

Prepaid Expense in a sentence
The company recorded the one-year insurance policy as a Prepaid Expense and will recognize the cost monthly.

Prepaid Expense in German, French, Spanish and Italian

German
Aktiver Rechnungsabgrenzungsposten
also Vorausbezahlte Aufwendungen

Zahlungen im alten Jahr für Aufwand im neuen Jahr.

French
Charge payée d'avance
also Charge constatée d'avance

Charge payée lors d'un exercice mais concernant l'exercice suivant.

Spanish
Gasto pagado por adelantado
also Gasto anticipado

Gasto que se paga antes de recibir el servicio o consumir el bien.

Italian
Risconto attivo
also Spesa prepagata

Quota di costo già pagata ma di competenza di esercizi futuri.

Synonyms and opposites for Prepaid Expense

More Accounting terms

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Prepaid Expense is filed under