Amortization is supported for the following types of transactions:
■ Vendor Bill – Item lines on a bill can use the default amortization templates from item records, or you can select templates on the bill transaction.
■ Vendor Credit – Item lines on a credit can use the default amortization templates from item records or can inherit the amortization templates from the bill that generates the credit. You can also select templates on the credit transaction.
To amortize the costs of an item, a deferral account must be specified on the item record or amortization template record. If both records have deferral accounts, the template’s deferral account is used.