what is the amortization method that can make amortization schedules operate mid-month expense like we have depreciation schedules setup

AI generated answer (using internal Slack threads):

In NetSuite, the amortization method that can make amortization schedules operate mid-month expense like depreciation schedules setup is not directly available. However, you can achieve this by setting up your amortization schedule to run by period. If your period is set for 15 days, it will amortize for 15 days in that period. The next period will also be for the remaining days of the month. For example, if an asset is purchased in the middle of the month, you can set up your amortization schedule to start from that mid-month date. Consequently, the amortization schedule should reflect that the asset is amortized from the middle of the month for each subsequent period. Please note that this approach requires careful setup and management of your amortization schedules and periods. It's also important to ensure that your postings are done correctly, especially if you're using revenue accounts in amortization schedules. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******