By default, the Amortization Schedules list displays only active schedules. To include all amortization schedules for this vendor, mark this checkbox.

Enter a unique ID (up to 11 characters) and corresponding description (up to 50 characters) for the amortization schedule. Mark the Inactive checkbox to designate this as an inactive schedule, so that it is not available for selection in the Enter Transactions screen or the Enter Payables screen (if the Accounts Payable service is enabled).

For Check and Payment type transactions, Accounting CS lists the ID and Description in the Template field in the Enter Transactions screen (if the Accounts Payable service is not enabled for the client) and the Enter Payables screen (if the Accounts Payable service is enabled). When you select a schedule from the Template field, the application enters the date (in the Enter Transactions screen), due date (in the Enter Payables screen), vendor, amount, distributions, and memo information from the schedule.

• Schedule. After you enter an amortization schedule in ToolBox CS or TValue and then export the schedule to an XML file, click the Import button in this schedule to browse to and select that XML file. Accounting CS imports the payment due dates, principal, and amount and displays that information in the Payment schedule grid.
• Next due date. The drop-down list includes all due dates imported from the XML file. The first due date is selected by default, but you can select a different date if applicable.
• Principal and interest grid. Select the applicable GL account and 1099 item for the principal portion of the payment and the interest portion.
• Memo. Enter up to 240 alphanumeric characters to include in the memo for the check or payable transactions created from this amortization schedule.
• Payment schedule grid. This read-only grid displays the principal and interest amount for each individual payment and the due date for those payments.