Lease Assets-QA

 12.1.3

Hi all

1. If the payment is monthly, interest is 10%, payment amount is $10,000 , payment type is annuity and the contract is for 60 months, why is it that the payment amount does not increase by 10% every yr???????????? The lease payment create $10,000 as the monthly payment every year instead of increasing the monthly payment by 10% each year. How can this be achieved?

2. How can I set the Payment account to accept more than one account?

3.Whats the naming convention for invoice date? Can it be set to include the period date that the invoice is paying for?

4. Can it be setup to calculate zero interest?