Prepayments workpaper (PPM)

How the PPM workpaper is populated from current year GL and how manual journals appear.

The Prepayments (PPM) workpaper reconciles the balance of prepaid expenses at year end, showing the movement during the year and the closing balance.

Data extraction

Automatically populated based on the current year General Ledger (GL) Details uploaded under Data Sources (Ledger).

Section structure

Single section covering all account codes mapped to Prepayment in Chart of Accounts (CoA) mapping.

Manual journals

Any journal posted to the prepayment account will automatically appear in the workpaper as a new line item.

Balance per GL

Sum of all account codes mapped under Prepayments in CoA mapping.

How to access

  1. Go to Jobs and open the relevant job.
  2. Click the Workpapers Icon or navigate to Results then Workpapers.
  3. Select PPM on the Workpapers Dashboard.