Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Amortization Schedules
Does anyone know of a way to create a payment whose expense distribution follows an amortization schedule? For example, if I have a 60 month note payable, I'd like to create a memorized transaction that, when I enter it, expenses the proper amount to interest expense and the difference to principal on the note, based on an amortization schedule.
I have already created the memorized transaction for the monthly payment, but each month, I have to open my amortization schedule for the note (in a spreadsheet), look up the split between principal and interest, then modify the amounts in the memorized transaction.
0