Do we have the ability to Export Amortization Amounts from Transactions Entered in ARM?
We plan on collecting amortiztion/accreting transactions in ARM. The result of those amoritization/accretion schedules is that users then need to book journals in EBS for the period that is equal to the amortization amount for the month. What we'd like to be able to do is to leverage the amortization/accretion that ARM is calculating to automate the EBS Journal Process.
The thinking was users enter the amortized transactions in ARM. For example i have a pre-pad that starts in July-2016 and ends in June-2017. ARM calculates the amortization amount for Jul-2016, Aug-2016, Sep-2016, etc. After I do my Jul-2016 reconcilaitions, I'd like to be able to export the "next" month of amortization amounts (i.e. Aug-2016) and use that to book my journal entry in EBS. The assumption being ARM has already calculated what the amortization should be so why not leverage it to avoid any mistake in the journal entry. Then, when i load the Aug-2016 GL extract from EBS,