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Implementing amortization schedules
Hello, we are looking into using the expense amortization feature for our prepaids. I have been running some test in the sandbox to get used to the workflow.
I wanted to see if anyone has ideas on how to transition from our current manual prepaid items (Excel based) to this automated amortization. Is it possible to enter a new bill in the system for the remaining amount of the amortization on a vendor bill and assign it a schedule, then credit the bill to zero out the AP balance?
Essentially, setting up amortization schedules for all existing prepaids.
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