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Accounts: Payment - Amortization

This screen shows the amortization schedule for the deal.

The amortization schedule combines information from the original amortization, the billing history (from the payment history), and asset adjustments made. 

The Ending Balance column is simply Beginning Balance minus the Principal amount, as any amortization schedule will calculate. 

The Note column is only used when (principal) asset adjustments have been made. You may edit the note information by double clicking on the note field.

The Tax Details column shows the tam amount breakdown.

If you need to change the payment due date, here is where you would do that. Click the Change Next Due Date button to begin the process. You will be presented with a calendar that is set to the current next due date. Change the calendar to the desired due date and click the button. All subsequent due dates through the end of the schedule will be changed. Days of month due must be between 1 and 31.

Payments may be deferred to the next scheduled due date. To do this, click the Defer Payment button. If this is a lease, the payment schedule will simply be moved one payment cycle. Deferments will be performed against the current due date.