Especially when it comes to prepaid expenses that are paid through invoices in accounts payable, it would be nice, especially at year-end, to enter the invoice as is normally done (expensed to the appropriate expense accounts), 'post' from a/p to g/l, but, like RE7, to have what's been posted to the G/L remain in an 'open' status so that the accounts can be changed in G/L from expense to prepaid, then reversed (possibly reversed a couple of times to get the prepaid and expense correct).