FASB
91 Software
Effective Interest Method
|
| Straight
Line Amortization
|
| Financial
Data Support Systems, Inc.
|
For
PC, laptop,
workstation and
shared devices
running Windows® |
|
Utilized by
Business
Government
Financial Institutions
Accounting Firms |
|
|
|
.
.
..
1)
Have us generate and send you reports in Excel
•
Send us an Excel file containing dozens, hundreds or thousands of
Bonds, other premium and discount instruments
Loans with fee income and expense
• We can:
Import your bond or loan records to the software
Calculate effective interest rates
Generate requested reports:
Income and expense
recognition (impact to the P&L)
Accumulated
Deferral and
book value balances (impact to the Balance Sheet)
As of:
A prior month, calendar/fiscal year end period
Current month
A future month, calendar/fiscal year end period
Range of months for budget/forecasting
Provide comparison results to other methods,
such as effective interest method vs. straight line calculations
• Free report samples
See what you'll receive by adding two of your
records to the appropriate Excel template:
Bonds - open or save:
ExcelBonds-FDSSI.xls
Loans - open or save:
ExcelLoans-FDSSI.xls
Send the file to us as an email attachment (instructions
for doing so are included within each template).
We'll return the same file containing schedules
and reports. |
|
...
2)
Rent the software and generate reports at your site
•
Copy worksheet records, paste to the software
• Copy/paste:
Bonds, other premium and discount instruments
Loans with fee income and expense
• Calculate effective interest rates
• Run a set of reports for your complete portfolio:
Income and expense recognition
(impact to the P&L)
Deferral balances (impact to
the Balance Sheet)
As of:
A prior month, calendar/fiscal year end period
Current month
A future month, calendar/fiscal year end period
Range of months for budget/forecasting
• Determine immediate and long term impact of converting to FASB
91
• Nothing to lose
If you subsequently
purchase the software, rental fee will be credited toward price |
|
......... |
|
|
|
