Regenerate Amortization Schedule

Explanation

This activity is used to regenerate the amortization schedule by recalculating the present value of the entire cash flows and the other calculations therein.

Prerequisites

In order to regenerate an amortization schedule, the following must have been completed:

• An Amortization Schedule should have been created for a lease contract.
• Status of the lease contract should be in the status Preliminary.
• Lease Payments or One-Time Payments in an amortization schedule should have been modified.

System Effects

As a result of this activity, the system regenerates the amortization schedule by recalculating the present value of the entire cash flows and the other calculations therein.

Pages

Lease Accounting Contract

Activity Diagrams

Create Amortization Schedule