Features
Prepayments
A simpler way to manage your prepayments across the board
Using our scheduling tool, create amortisation schedules in a matter of seconds. Post your monthly journal in a couple of clicks. Check your posting back to the schedule straight away.
Never miss a prepayment entry again
Creating a custom schedule in RecHound helps you manage all your prepayments outside spreadsheets. Better governance, alongside a quicker workflow.
Create a schedule
Use our scheduling tool to build an amortisation schedule in seconds — just enter the amount, start date, and duration.
Post your journal
Post the monthly journal in a couple of clicks directly from the schedule. No spreadsheet needed.
Check & confirm
Verify your posting back to the schedule straight away. Stay accurate and audit-ready.
Amortise your way — on your calendar
Not every business runs on calendar months. If your company uses custom accounting periods, RecHound builds your Equal and Daily schedules against those real period boundaries automatically — no manual re-mapping needed.
Equal
Splits the invoice evenly across every period, so each one carries the same amount.
Daily
Weights each period by the number of days it covers — ideal when your periods vary in length.
Custom
Need full control? Edit any line directly and the schedule switches to custom, as long as it still adds back to the invoice value.
One drawer, everything you need
Every prepayment opens into a drawer with four tabs, so you can review, post, and export without ever leaving the record.
Prepayments
See every prepayment and this period's amortisation at a glance.
Schedule
The full amortisation schedule, bucketed by period.
Post to Xero
Post this period's journal straight to Xero, then reconcile in the same flow.
Ledger Export
A clean, audit-ready export for your workpapers.
Ready to ditch the spreadsheets?
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