which metric i can use for new report for amortiza...
# ask-stanley-ai
t
which metric i can use for new report for amortization schedule?
c
AI generated answer (using internal Slack threads):
For creating a new report for an amortization schedule, you can consider the following metrics: 1. Amortization Period: This is the time period over which the amortization is spread. It could be a month, a quarter, a year, or any other period depending on your business needs. In NetSuite, you can run your amortization by period. If your period is for 15 days, it will be 15 days of amortization in that period. The next period will also be 15/16 days. 2. Proration: This is relevant when you need to perform a mid-month close or when you are using a 4-4-5 schedule. In such cases, you would likely have to set it to prorate based on days. 3. Asset Value: This is the value of the asset that is being amortized. This could be a large/expensive piece of machinery or any other asset. 4. Residual Value: This is the value of the asset at the end of the amortization period. 5. Amortization Expense: This is the amount that is expensed in each period. Remember, the choice of metrics will depend on your specific business needs and the nature of the assets being amortized. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.82255441
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.820632279
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.817011416
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