Netsuite's Amortization Template

Hi All,

An amortization template defines the terms of the amortization schedule created by the purchase of an item.
While creating bill, on expense and item line , user select Amortization Template and based on this template Amortization Schedule gets created.

Go to Lists> Accounting > Amortization Template > New to create new template.

Amortization Template

There are multiple methods:

Method

 

Term Source:

Term Source

User can define Custom Method also , in this case user have to define values in line level, refer image below:

Enter Detail here if using custom method

If you have any query , please comment below or use our FB group/page.
Thanks
Netsuite Guru