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    stevenalafarm's Avatar
    stevenalafarm Posts: 3, Reputation: 1
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    #1

    Jan 22, 2009, 07:53 AM
    Prepaid Insurance amortization schedule
    Can I obtain an example of a prepaid insurance amortization schedule?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #2

    Jan 22, 2009, 02:20 PM

    It is really pretty simple, spread the cost out stright-line over the life of the policy...

    What exactly are you looking for?
    stevenalafarm's Avatar
    stevenalafarm Posts: 3, Reputation: 1
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    #3

    Jan 22, 2009, 02:27 PM
    Quote Originally Posted by codyman144 View Post
    It is really pretty simple, spread the cost out stright-line over the life of the policy...

    What exactly are you looking for?
    I'm looking for a format for the schedule so that monthly I can tie the g/l balance in the prepaid and expense account to the schedule.
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #4

    Jan 22, 2009, 02:56 PM
    Here is the one I use.
    Attached Files
  1. File Type: xls PPD Schedule.xls (36.5 KB, 4486 views)
    2. stevenalafarm's Avatar
    stevenalafarm Posts: 3, Reputation: 1
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    #5

    Jan 22, 2009, 04:01 PM

    Bingo! Exactly what I was looking for. Thank you for your time and effort.
    Sincerely.
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #6

    Jan 23, 2009, 07:04 AM
    Quote Originally Posted by stevenalafarm View Post
    Bingo! Exactly what I was looking for. Thank you for your time and effort.
    Sincerely.
    Just an FYI, some rep is always a good way to thank someone (i.e. rate this answer).
    karldine's Avatar
    karldine Posts: 1, Reputation: 1
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    #7

    Oct 12, 2010, 05:23 PM
    Yes
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