Create Amortization Schedule

Explanation

This activity is used to create an amortization schedule by using the right mouse button option Create Amortization Schedule on the header and the General tab of the Lease Accounting Contract window.

Prerequisites

In order to create an amortization schedule, the following must have been completed:

System Effects

As a result of this activity, an amortization schedule will be created in the Amortization Schedule tab of the Lease Accounting Contract window to reflect the future cash flows and the present value calculations therein.

Window

Lease Accounting Contract
Lease Accounting Contracts
Lease Contract Modification Detail

Related Window Descriptions

Lease Accounting Contract
Lease Accounting Contracts
Lease Contract Modification Detail

Procedure

Use the following procedure to modify the calculations in an amortization schedule:

  1. Open the Lease Accounting Contract window and search for the lease contract for which you want to create an amortization schedule.
  2. Select right mouse button option Create Amortization Schedule on the header and the General tab of the Lease Accounting window.
  3. Click OK for the message raised.

Note: The same procedure can be carried out for multiple contracts from Lease Contracts Modification Details window