Accounting
Methods Amortization Software
Data entry screens to calculate monthly amortization
using
Date to date, actual
days in month, partial first and last
Accelerated sum of the
years digits, Rule of 78s for any term in months
Straight line
Examples
Date to date, actual days in month, partial first
and last
Example:
$610.00 from June 15, yyyy to August 15, yyyy
June = $160.00, July = $310.00, August = $140.00 |
Accelerated sum of the years digits, Rule of
78s for any term in months
Example:
$345.00 from June, yyyy thru August, yyyy
June = $172.50, July = $115.00, August = $57.50 |
Straight line, same amount each month
| Example:
$1,200.00 for 12 months = $100.00 per month |
Generate lifetime amortization schedules
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Related software
Process accounting files
. |