The Amortization Generation program is used to generate the amortization provision. The Amortization file basically contains the amortization amount by period and ISBN. The total amortization for any item is therefore the sum of all the records for that item up to the period required.
The General Ledger accounts for posting journals are also stored here. This program reverses out the details previously posted and posts correctly for new changes such as an ISBN corrected, Hierarchy changed or added or Accounts definition changed within the Project linked to the ISBN.
Process Flow
- Calculate the amortization till today based on the formulae
- Subtract previous amortization from the above value
- Thus any changes to formulae etc will be handled in the current month.
- The Current Date is the current date of the system.
- The Default Publication Date is the date the publication is published as recorded on the title/specification record.
Write amortization details
- In the menu, expand Publishing Modules > Book Publishing > Others > Amortization > Generate Cycle and double-click Amortization GL Account Definition. BP0015 – Amortization generation panel appears.
| Field | Description |
| Period | This is the amortization period to be processed. Defaults to the current GL period. |
| Company code | The company code to be used when generating amortization. |
- Enter the above information, as necessary.
- Click OK to confirm. Amortization details are written to the BPAMV00P Amortization Balance file.
