NetClose - Amortization Reports
Overview
NetClose offers two amortization reports designed to provide accurate data and clear insights: the Amortization Roll Forward report and the Amortization Waterfall report.
Step-by-Step Process
Both reports can be accessed via NetClose > Reports.
- The Amortization Roll Forward report shows the initial balance, additions, amortizations, adjustments, and ending balance for each amortization and is organized by amortization type. This report can show posted activity or expected activity.
- The Amortization Waterfall report shows amortization activity by period and is organized by amortization type. This report can be viewed by month or by fiscal year and may be useful for forecasting.
If desired, additional detail from the amortization record can be added 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.