In the As Spent view, expenses are spread evenly from the Start Date to the End Date.
In the IFRS / GAAP view, expenses are spread the same way, but any expense that falls in a month before the bill issue date is moved to the month of issue.
- The IFRS / GAAP view before accruals is always used for purposes of prepayment journals, as only costs allocated to future dates are relevant for prepayments.
- Once accrued, back-dated costs are the same in both IFRS / GAAP and As Spent views on the reports that include accruals.