An amortization template defines the terms of the amortization schedule created by the purchase of an item. Creating an amortization schedule in NetSuite involves utilizing its financial management tools. Follow the following path within NetSuite to begin: Go to Lists > Accounting > Amortization Templates > New. Fill out the custom required fields, as outlined in the NetSuite Help Centre. Our team can assist you in setting up and managing amortization schedules effectively.