I entered a contract with a specific payment amount (e.g. 12,000), with payment schedule "Annually" and the Total Cost appears the same as the payment amount (e.g. 12,000). The start and end date span one year. However, when I go to reports, the lifetime cost is more (e.g. 15,200) and it does not seem to add up to any value in particular. No taxes were entered and there are no expense lines. What might be causing the inaccurate lifetime cost value. The entire year has not passed. However, the lifetime cost should not exceed the Total Cost. Any assistance in understanding what might be occurring?
