Bill Pay Amortization

The test of an advanced AP platform is amortization.

Setting up the schedule and recording amortized payments have never been easier.
Screenshot of amortization module in Airbase



Generate and track a payment amortization schedule.

Simply enter a start and end date, and Airbase will generate the full amortization schedule.

Booking details are displayed with the total amount split equally in each time period and can be automatically synced to the GL. Keep track of all the pending entries in Airbase and eliminate spreadsheets.

Screenshot of Airbase amortization
Automatic syncing to the GL

Automatic bill payment amortization syncing to the GL.

Airbase initially records the amount paid against the pre-payment account. At the end of each month, entries are automatically created to record the monthly expense amortization.

Payment Amortization for NetSuite GLs.

Airbase integrates with the native NetSuite amortization feature, so you can leverage a broad range of amortization schedules and structures. Airbase works in conjunction with NetSuite’s library of templates to support even your most complex amortization needs.
Screenshot of the amortization module in Airbase
Eoin Hession
orange rectangle

The automated amortization schedules for pre-payments mean our AP team can set up pre-payments so that they’ll amortize appropriately in NetSuite, with no error. That’s been a significant time saver.

Eoin Hession
Controller at Medely