FASB
91
Effective Interest Method
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| Straight
Line Amortization
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| Financial
Data Support Systems, Inc.
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For
PC, laptop,
workstation and
shared devices
running Windows® |
|
Utilized by
Business
Government
Financial Institutions
Accounting Firms |
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.
Accrued
Expenses
Amortization and Reporting Software
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Track,
manage, amortize ....
•
Tax accruals
Federal
State
Local, property
• Accrued fees and assessments
Audit
Legal
Regulatory
Other anticipated professional expenses
• Contingency Reserves
• Other expenses due and payable at some
point in the future
• Fiscal year carryover |
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....
Maintain
accrued expenses
in an Excel worksheet
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Highlight
the worksheet
and click the Excel Copy icon
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Click
the software Paste icon to
import, calculate and do reports
 |
View
reports
Send to
printer
Copy
to Excel |
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.
The
simplest way yet to amortize spreadsheet records!
Maintain
your data in one or more Excel worksheets:
• Click worksheet upper left corner to
highlight all data
• Click "Copy"
Copy rows containing:
- Description
- Begin date
- Amount to calculate
- End of term date
- 4 more columns for user defined codes and reporting
- General ledger grouping account numbers are place on applicable rows
• Click "Paste" on software's import window
Set calendar
dates to amortization calculation period
View, print,
even export (copy/paste) all reports
Create general
ledger posting file
Direct post or allocate to branch, cost, RC accounts |
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....
.....
Calculation
periods supported
•
Daily
• Multiple days or date range
• Weekly, multiple weeks
• 4-4-5
• Monthly (actual days in month)
• Quarterly
• Any other date to date periods |
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