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Amort Schedules and Rev Rec in Multi-Book
Hi everyone,
How are active Amortization Schedules and Rev Rec Schedules managed during the set up of the secondary book.
My understanding and assumptions -
- Amortization schedules - As part of HTP the source transactions for active schedules are created and new amort schedules posted against them. past dates are closed off and future dates are now available in that book under the Create Amortization Journal Entries page.
- Rev Rec - Is this the same as the above?
Appreciate your help all.
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