The
main window appears as below when the Amortization Schedules Plus!
feature has been selected. Note the custom menu item, in this case
"Smith & Smith Web Links". You can specify up to 9
web links of your own to appear under this menu. The top 3 appear
on the navigation bar on the left under Web. As well, the banner
across the bottom will always display. No window ever overlaps it.
This
window allows your clients to:
- Daily,
weekly, bi-weekly, semi-monthly, monthly, quarterly, semi-annual
and annual payment and interest compounding frequencies. Plus
Canadian Amortization and U.S. Rule (Simple Interest).
- 14
different Day Count Conventions including 30/360 and Actual/Actual.
- Specify
start date for your schedule or generate generic, non-date specific
schedules.
- Optionally
specify a starting payment or let the schedule calculate it for
you.
- Change
any payment amount to see the impact on the interest.
- Add
any number of extra payments by clicking on the row and then the
+ sign.
- Skip
any payment by entering 0 in the payment field.
- Specify
an annual, monthly or weekly lump sum payment and a starting year
for it.
- Change
the interest rate, amortization period, payment frequency or compounding
frequency and instantly see the schedule recalculated.
- Generate
schedules for different payment types including fixed principal
plus interest, interest only and more.
- Undo
and Redo buttons allow you to step through your calculation changes.
- Before
and After display shows the impact of your last change.
- Specify
amortization periods in Days, Weeks, Months or Years.
- Specify
titles and descriptions for later retrieval.
- Click
the Reports button and select the level of detail you want and
what years you want to print.
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