You could make an accrual for a future expense if you have received the benefit of the expense before making payment.
This usually occurs where something is purchased on delayed payment terms, such as a company buying a load of computer equipment and having 60 days to make payment.
As you won't be receiving any goods prior to making payment for them, you cannot do this.
You could look into Provisions, which are wollier than accruals, but I doubt any respectable accountant would sign that off.
Nice try though.
This usually occurs where something is purchased on delayed payment terms, such as a company buying a load of computer equipment and having 60 days to make payment.
As you won't be receiving any goods prior to making payment for them, you cannot do this.
You could look into Provisions, which are wollier than accruals, but I doubt any respectable accountant would sign that off.
Nice try though.
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