Modeling Term Accounts

  To model term accounts:

1. Access Funding Options.

   See Accessing Funding Options.

2. Under Type, by Note Payable or L-T Debt: Scheduled, select Term.

3. Under Surplus select the account with the term loan to be repaid early with a cash surplus.

4. Click Inputs.

5. On Account Input, select the term account.

6. Click Forecast Methods.

7. Select Structured or Freeform.

   • On Structured, select a forecast method for the term loan. Select one of 10 predefined forecast methods.

   • On Freeform, enter a Freeform Formula for the term loan.

   • Select a model:

     • Balance—term debt balance.

     • Increase—change in balance with an amortization schedule.

   • To set automatically reducing term accounts, see Modeling Term Accounts to Automatically Reduce.