Amortization Journal Entries
Amortization schedules provide the information required to amortize expenses, but you must generate the amortization journal entries to post expenses to the general ledger. This step is required even if you use cash basis reporting. For instructions, follow the links to these topics:
Note:
For information about journal entries that recognize expenses based on the percentage of project work completed, see Using Percent-Complete Amortization for Projects.