NetClose - Amortization Reports
There are two reports for NetClose Amortizations that are included with NetClose the Amortization Roll Forward and Amortization Waterfall reports. Both of these reports can be found under the NetClose Reports tab.
The Amortization Roll Forward report shows the initial balance, additions, amortizations, adjustments, and ending balance for each amortization and is organized by amortization type.
The Amortization Waterfall report shows the amortization activity for each period included in the report by amortization and is organized by amortization type. This report can be viewed by month or by fiscal year.
Additional detail from the amortization record can be added to the Roll Forward and Waterfall reports as columns for more context. This can be done using the preferences icon in the top right of each report next to the export button.