Consider Start Date and End date in accrual scheme amortization in case of starting from mid of month


To comply with accounting matching principle between Expense and Period. Calculate Prepaid and accrual amortization (Accrual schemes) based on number of days and considering start date if not equal start day of mon...

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Category: General Ledger (345)

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Prepaid amortization for service items in Purchase order based on Amortization schedule


Functionality to select Amortization schedule (such as accrual scheme) for Service item lines in purchase order This would Post amount when invoicing to Prepaid account, and amortization occurs automatically as per amortization schedule to Debit the expense account and credit the prepaid account ...

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Category: Accounts Payable (383)

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