Since this post is from 2017, I would like to bump it and check again that there is no automation function in Adagio ledger to auto expense and a pre-paid item.

Say we pre-paid $1000 for a flight in Jan 2023. The flight is for Dec 2023.

In January 2023, we debit $1000 prepaid and credit $1000 cash
In December 2023, Adagio will auto expense the entry by debiting $1000 Travel Expense and crediting $1000 prepaid.

It will be so convenient. Save us having to track those kinds of little entries in a separate giant spreadsheet. I personally think it is useless to track those kind of variance in timing within the same year as long as the annual budget is in line but the leadership team think otherwise so we are spending so much time moving tiny expense from one month to another within the same fiscal year with no apparent benefit whatsoever. It is a sad story.