Creating prepayment payment schedules

Create prepayment payment schedules.

1. Select the Payment Type = Rent on the General Information section. Leave the Included In Amortization Schedule checkbox as checked.
2. In the Payment Parameters section, select Frequency as Other. Under General Information, Include In Rental Prepayment is now visible. Enable the checkbox against this field.
3. Specify the From Date and Amount.
4. Set Processing Rules and Cost codes.
5. In the Payment Instruction tab, the default payment instruction is the same as the organization set in the Contact Details tab (Default Remit To section of the form).
6. Click Create Schedule(s).

   The amount on all the Prepayment payment schedules is shown on the Rental Prepayment field in Accounting Details on the Accounting tab.