What is a prepayment schedule?

A prepayment schedule is used to schedule the posting of income or expenditure from an initial value recorded to a Balance Sheet account to be spread over a selected time period (months, quarterly etc.) to appropriate income or expenditure accounts.

What is an example of a prepaid expense schedule?

What Is an Example of Prepaid Expense Amortization? As an example, if a business prepaid its insurance one year in advance at a cost of $12,000, the expense would be amortized at $1,000 per month. This would be calculated as $12,000 / 12 months = $1,000/month.

How to generate a repayment schedule in Excel?

How to create an amortization schedule in Excel Create column A labels. Enter loan information in column B. Calculate payments in cell B4. Create column headers inside row seven. Fill in the "Period" column. Fill in cells B8 to H8. Fill in cells B9 to H9. Fill out the rest of the schedule using the crosshairs.

How to create a payment schedule in Excel?

How to create an amortization schedule in Excel Create column A labels. Enter loan information in column B. Calculate payments in cell B4. Create column headers inside row seven. Fill in the "Period" column. Fill in cells B8 to H8. Fill in cells B9 to H9. Fill out the rest of the schedule using the crosshairs.

How do I create a payment formula in Excel?

=PMT(17%/12,2*12,5400) For example, in this formula the 17% annual interest rate is divided by 12, the number of months in a year. The NPER argument of 2*12 is the total number of payment periods for the loan. The PV or present value argument is 5400.

How to create a payment schedule?

Establishing a Payment Schedule Create a timeline for when payments should be made. Specify details such as the payment type, payment amount, and due date. Communicate the payment schedule to both parties. Establish a plan for the consequences of late payments. Keep a record of the payment schedule for reference.

What is the amortization schedule of a prepayment?

Most often, prepaid expenses are amortized using the straight-line method, which evenly spreads the expense over the period of benefit. For example, an amortization schedule for a six-month insurance premium would show one-sixth of the premium being transferred to insurance expense each month for six months.

How to do a payment plan in Excel?

What Is the Formula for Monthly Payments in Excel? Use the PMT function in Excel to create the formula: PMT(rate, nper, pv, [fv], [type]). 1 This formula lets you calculate monthly payments when you divide the annual interest rate by 12, for the number of months in a year.

घर
कार्यशीलता सूचकांक

Arrange your Timelines efficiently with Prepayments Schedule Template builder solution

Drop document here to upload

Up to 100 MB for PDF and up to 25 MB for DOC, DOCX, RTF, PPT, PPTX, JPEG, PNG, JFIF, XLS, XLSX or TXT

Based on 12500+ reviews

अंतिम बार अद्यतन किया गया Dec 27, 2025

Document creation is just the beginning

Learn more about security

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

pdfFiller scores top ratings on review platforms

I was gonna select only 4 stars since I was having difficulty getting the app to do all that it claims, but since customer service was so great I had to add the additional star.

Joseph

This program makes my work so much easier, especially when working with multiple documents over and over again. Makes my life much easier also by saving me time. Thank you PDF Filler...........A++

John Di M

Convenient, fast and legible. It is easy to complete the form by flowing the wizard's help. It is legible and neat for reviewer's to read. It is fast and easy to upload and download, and finally signing with an accurate date/time stamp.

Mohammed Imran

I won't need this program enough to pay… I won't need this program enough to pay the monthly fee. If fee was 3 dollars a month I would keep it. Thank you for giving the free trial.

Tug Speedman

I mislead them on my intentions for the service level that I required. Once I brought it to their attention, I answered 3 questions; and the matter was immediately resolved. Outstanding customer service comms. !!!

William J Clements

So far I have had no issues with this… So far I have had no issues with this software. It's been agreat help in allowing me to fill out documents without having print out and then scan in oreder to complete my work.

Vincent Williams

Show more Show less

Watch pdfFiller eSignatures in action

Check out a quick video tutorial that shows how to create and place your signature or send a document for signing.

Related features

List of extra features

FAQs

If you can't find what you're looking for, please contact us anytime!

Contact Support

Create and edit documents with a trusted solution

Try easy-to-use tools for all your document management needs.

Upload your document

Arrange your Timelines efficiently with Prepayments Schedule Template builder solution

Document creation is just the beginning

Create and edit documents with a trusted solution

pdfFiller scores top ratings on review platforms

Watch pdfFiller eSignatures in action

Related features

Related searches

List of extra features

FAQs

Create and edit documents with a trusted solution