Regenerate Amortization Schedule

Explanation

This activity is used to regenerate the amortization schedule by recalculating the present value of the entire cash flows and the other calculations therein.

Prerequisites

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

• An Amortization Schedule should have been created for a lease contract.
• Status of the lease contract should be in the status Preliminary.
• Lease Payments or One-Time Payments in an amortization schedule should have been modified.

System Effects

As a result of this activity, the system regenerates the amortization schedule by recalculating the present value of the entire cash flows and the other calculations therein.

Window

Lease Accounting Contract

Related Window Descriptions

Lease Accounting Contract/Amortization Schedule

Procedure

Use the following procedure to regenerate the amortization schedule by recalculating the present value of the entire cash flows and the other calculations therein:

1. Open the Lease Accounting Contract window and search for the lease contract of which you want to regenerate the amortization schedule.
2. Select right mouse button option Regenerate Amortization Schedule on the Amortization Schedule tab of the same window.
3. Click Yes to the question raised (Click No if you do not want to proceed with the regeneration of amortization schedule).
4. Click OK.