Once the Amortization feature has been activated, it becomes necessary to define your amortization preferences. This process can be accomplished as follows: Navigate to the ‘Setup’ menu and select ‘Accounting’ followed by ‘Accounting Preferences.’ Proceed to the ‘General’ subtab. Customize the following preferences to align with your requirements:In the ‘Revenue Recognition’ section: “Use System Percentage… Continue reading Configuring Amortization Preferences
Tag: amortization
Editing the Amounts and Accounting Periods in an Amortization Schedule dynamically.
Editing the Amounts and Accounting Periods in an Amortization Schedule dynamically.
For amortization schedule tracing back to an original transaction line
This article shows the amortization schedule tracing back to an original transaction line and soem queries
Amortization Feature
Amortization Feature
Amortization in Multi-book
This content includes how to do the amortization process in different accounting books.