# Prepaid & deferred release

> A premium paid on the 17th does not release in twelve equal slices. Day-weighted, or even — your call.

Source: https://lopifi.com/tools/amortize
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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- **Group:** Schedules

## Inputs

- `amount` — Amount
- `months` — Months
- `start` — Service starts
- `basis` — Basis
- `currency` — Currency (ISO 4217 code — sets the decimals: JPY 0, USD 2, KWD 3.)

Runs entirely in the browser: no network call, no data leaves the page. The same definition powers the Lopifi Tools Chrome extension.