Amortization Schedule - Creating
Director of Fixed Assets Accounting
The Director of Fixed Assets Accounting is responsible for ensuring that this document is necessary, that it reflects actual practice, and that it supports corporate policy.
N ® Setup ® Asset System ® Leases ® Lease Payments
B ® View Amortization
1. Create a lease payment schedule.
2. After calculating a lease payment schedule in the Lease Payments window, click the [View Amortization] button.
Note: The interest expense that is recognized over the asset’s life is the difference between the present value of the minimum lease payments and the total amount to be paid under the lease.
Oracle Tutor can be licensed to modify and add to this content, documenting all of your business process documentation in the Oracle Tutor format.
Oracle® Tutor Copyright © 1997, 2009, Oracle. All rights reserved.