Use this screen to set up schedules to amortize deferred revenue on specific invoices from sales order (SO) that use the deferred revenue recognition method. You can set up amortization codes and cycles that consist of period sequences and amortization rates over a specified number of accounting periods.
If an amortization schedule has been applied to one or more SO lines, you cannot delete it. However, you can delete or modify period sequence lines at any time on the Amortization Schedule table window, as long as the Cumulative Amortization Percentage Rate is 100.00%.
Enter an amortization schedule code.
Enter a description to associate with the amortization code.
Select this check box to indicate that amortization code is active.
Enter subperiod in which all amortizations will occur.
This non-editable field displays the sum of the amortization percentage rates.
Use this table window to delete or modify period sequence lines, as long as the Cumulative Amortization Percentage Rate is 100.00%.
You can also add, insert, or repeat lines by selecting the Line option from the menu bar. The table window must contain at least one row before you can save the amortization code, and it can hold an unlimited number of rows.
If you modify the Amort Pct Rate for a certain code, the modification affects only the new SO lines you apply the code to. Existing amortization schedules for sales order lines that use the code are not affected.
The sequence number automatically updates each time you click the New Record button on the toolbar.
Enter the amortization percentage rate for each period sequence.