Feature request: better prepaid expense handling

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Ramp can currently post a transaction to only one (QuickBooks) account at one point in time, which means prepaid expenses require manual JEs to be expensed in the correct service period.

It would be pretty nice if Ramp supported end-to-end prepaid handling:

  • Post the card transaction to Prepaid Expenses on the transaction date
  • Capture the service period
  • Automatically expense from Prepaid ā†’ correct expense category in the service period via Ramp-generated entries
  • Clearly label those entries as Ramp-generated

(Iā€™m also curious to hear if anyone has found workarounds)

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Hi Nina, we are working on this as we speak which will fully automate this. Iā€™d be happy to let you know once we have it ready. Note that this will be part of the Ramp Plus subscription.

The best workaround I know of would be to post them to prepaid expenses and adding them to the prepaid schedule you may have in excel or adding the service period in the memo so you know when to expense it.

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