This Excel file makes managing prepaid AMC expenses super easy
It automatically calculates
✅ How much of the prepaid expense applies to the current financial year (April 1 – March 31, as per Indian accounting standards)
💰 How much should be carried forward as a prepaid asset
This Excel file helps automate and simplify the allocation of prepaid AMC (Annual Maintenance Contract) expenses across multiple financial years
It ensures compliance with
📆 Accrual accounting principles
⚖️ Matching principle to align expenses with the periods they relate to
With this ledger, tracking your AMC expenses over time becomes hassle-free and audit-ready ✅