The Amortization feature in NetSuite allows items and expenses to be recognized over multiple accounting periods. MineralTree allows you to take advantage of this feature by syncing/integrating the Amortization templates straight over from NetSuite.
Creating Templates in NetSuite
To use the Amortization Sync feature - you must first ensure you have templates created in NetSuite. You can create templates by going to your dashboard and selecting:
Lists -> Accounting -> Amortization Templates -> New
From here, you can create your template line-by-line according to your specifications:
Using Templates in MineralTree
Once your Template is created, go back to MineralTree and go to your Invoices page. The Template data should sync automatically after a few minutes (alongside your other NetSuite data).
To apply the Template, select the Invoice number you would like to apply it to:
Once your invoice is open, scroll down and select the Schedule you would like to apply to your invoice.