The Insert Schedule button launches a utility provided that will
create all the payment records for an obligation. The utility cannot guess what
the individual principal and interest payments will be but it can calculate the
individual due dates for each payment as long as they occur with a constant
frequency.
After clicking the Insert Schedule button a dialog box will appear asking for your input. You must provide the date of the first and last payments (yyyy-mm-dd) and the number of months between payments (##). If the interest rate is constant during the life of the obligation you can provide that as well. The interest rate is optional (#.##).
After providing the required input, click the Add Schedule button and the utility will create the required payment schedule and refresh the screen.
WARNING: This utility will delete any payment schedules already entered for this obligation.