FASB 91 Loan fee amortization software
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Prepaid expenses monthly amortization
Deferred income and revenue monthly amortization
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Day, days, weekly, date to date, 4-4-5 amortization
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FASB 91 Accounting Software  
Omnibus - Loan, bond packages FASB 91 amortization
Loan origination fees
FASB 91 amortization and accounting software
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Bond accounting FASB 91 amortization
Bond accounting straight line amortization
Bond issue costs FASB 91 amortization
Enter, calculate one record at a time calculator suite
CPA, auditor, financial advisor FASB 91 page
FASB 91 effective interest method all products
Financial Data Support Systems, Inc.  
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For PC, laptop, workstation and
shared network devices
running Windows®

Business, government, financial institutions, accounting firms ....

Loan Fees

FASB 91 Amortization and Accounting Software

Loan fee income, expense, discount, premium recognition at the individual loan level

  •  Effective interest rate calculation and accounting for an entire loan file

                                Loan packages?  Irregular paydown amounts?  Other loan type financial instruments?
                                Take a look at our FASB 91 Omnibus software for purchased loans
                                packages, MBS, LSBO, sold participations, other instruments
                                Omnibus premium, discount FASB 91 amortization software

  •  Fee income amortization

  •  Cost, expense amortization

  •  Portfolio totals in a matter of seconds
          Total fee income
          Total fee expense
          For a month.  Quarter.  Calendar or fiscal year.
          Current, past and future periods

  •  Detail audit schedules
          Lifetime amortization and fee recognition schedule for any loan on demand

  •  Amortizing loans

  •  Interest only loans

  •  Balloon loans
          Interest only

  •  Loan amortization periods
          Recognize fees over the full term of the loan
          Recognize fees over an average life
               Amortize loans over an average life instead of a full term
               Apply to some loans or all loans

  •  Zero interest rate
          Some clients use this feature to amortize leasing fees

  •  No data maintenance or updating necessary

  •  Operates on
          Original loan and deferral balances
          Current loan and deferral balances

  •  Variable rates
          Supports rate changes

  •  Principal paydowns, curtailments
          Accelerated recognition of deferral balance due to paydown/curtailment/payoff

     Resolve FASB 91 issues in a matter of seconds!
     Benchmark results for loan fee accounting software ....
          •  Automatically import 17,473 loans in an Excel file
                  Amortizing, interest only, balloons, various terms ....
          •  Verify principal, payment, term and rate coincide for each loan
          •  Calculate effective interest rate for each loan
          •  Calculate current principal balance for amortizing loans
          •  Calculate amortized fee income for the month
          •  Calculate amortized fee expense for the month
          •  Recalculate effective interest rate for loans with rate changes
          •  Accelerate fee recognition for paydowns, curtailments, payoffs
          •  Generate fee income totals
          •  Generate fee expense totals
          •  Display individual loan detail  
          •  Generate income and expense subtotals for each general ledger account
          •  Create journal voucher debit and credit column fee amounts
          •  Format an upload file for posting to the general ledger
               As both a
                    Disk file and
                    Screen display - copy and paste to Excel.
          •  Total time:  18 seconds

          •  Other calculations ....
          •  Recalculate the file for a different month:  14 seconds
          •  Recalculate fee recognition for an entire year, January through December:  15 seconds
          •  Recalculate fee recognition for the entire prior or audit year:  15 seconds
          •  Recalculate for the third quarter:  15 seconds
          •  Recalculate as income and expense projection for next year:  15 seconds
          •  Display a month by month lifetime amortization schedule for a single loan:  1 second

          •  Larger file ....
          •  Automatically import 52,418 loans from 3 worksheets in an Excel file
          •  Perform the same calculations
          •  Total time:  43 seconds

                      OS:  Windows 7     Processor:  3.10 GHz     Memory: 4.00 GB

 Client testimonials ....

 I 'm not technically inclined but was able to install your software without any problems.
 Then I imported a worksheet containing our loans.
 Your software performed all the calculations and totals we need in a matter of seconds.
 I can't believe how much work it's going to save us each month.
                            San Antonio, Texas

 Our outside accountants just completed their audit.
 This is the first year we've been using your software AND
  the first year we received a clean audit report.
                              Long Island, NY

 Thanks a lot!
 This program has just made my life so much easier.
                              Atlanta, GA

Many of our clients are
     •  CPA, accounting firms
     •  Auditors
     •  Asset management companies
     •  Financial advisors
View this page to see how they utilize the software to calculate, audit or provide accounting services for client files

Flexible output ....
     •  View results on screen
     •  Send to local or network printer
     •  Copy and paste results to an Excel worksheet

Principal Balances
The system calculates the current principal balances for amortizing
loans "as of" the requested amortization month or period  (for MBS, pooled loans, syndicated packages, view this page)

Effective interest rate
The system calculates an effective interest rate under FASB 91 for each loan and
calculates a new effective rate for a rate change

Fee income and expense amortization
  •  Individual loan level
  •  File totals by category
  •  Lifetime amortization schedule for a loan

General ledger posting
  •  Subsidiary reports
  •  Journal voucher posting source document
  •  General ledger upload posting file

                            CHANGES during term ....
Rate changes
  •  Supports interest rate changes
  •  Effective interest rate recalculation due to a rate change
  •  The software calculates the new payment

  •  Supports partial paydowns and curtailments
  •  Accelerated recognition of deferral corresponding to reduction of principal

  •  Supports early payoffs
  •  Recognize deferred fee balance in full
  •  For payoff, sale, or otherwise disposed

New and existing loans
  •  New loans:  The system performs calculations using original loan information.
  •  Existing loans:
          1)  The system can "bring loans current" if original loan information is available.
                    Calculate a file for current and prior periods.
          2)  Or, the system can use current loan balances, current deferred fee balances and so forth.
                    The system can calculate a remaining term based on loan balance, rate and payment.

Amortize, recognize, account for and post
  •  Deferred loan fee income
  •  Cost, expense
  •  Finance charges
  •  Discounts and premiums 
        Interchange premiums and discounts with income and expense depending upon which they are to you

  •  Fixed rate
  •  Adjustable, variable rate (scheduled and "on demand" rate changes)
  •  Interest only
  •  Balloon term (can also be used as a portfolio average life term)
  •  Zero interest rate
  •  Non-amortizing loans (and loans with unscheduled or periodic principal reductions)

Krazy loans
  •  Loans your mainframe can't handle
  •  New products/loan offerings
  •  Unusual payback terms ....
        The software can be modified to meet specific client needs

Leases, too
  •  Utilize balloon and non-amortizing features to amortize leasing fees over lease term.
  •  Accommodates both zero interest rate as well as lease payments incorporating an interest rate.

Generate recognition and accounting reports
  •  Amortization and accretion
  •  Subsidiary listing with detail and totals
          Monthly recognition
  •  General ledger accounting
          Journal voucher posting source document
          General ledger transaction posting upload file

  •  Residential mortgages with origination fee income and expense
  •  Commercial loans, paper
  •  Loan packages, purchased or sold
  •  Consumer loans, automobile, other vehicles
  •  Dealer fees, indirect lending costs
  •  Other conforming, non-conforming loans

Custom modifications
  • Custom calculations and routines for new lending programs, unique situations ....


Click to open and view Price page
Free demo as MSI or Zip file ....
         Download a demo from the Price page right now.  No registration required.  Available as:
              MSI - Microsoft installable package - install the demo to your business or home computer.
              Zip - Skip installation.  Simply extract and run the program.

Please call us for ....

     •  System overview

     •  Calculation, screen images for one or two of your loans
               -  Import screen
               -  Fee amortization schedule

     •  Custom requirements, special reporting, unique situations ....

     •  Other FASB 91 software we offer that might be more suitable to your operation

     Financial Data Support Systems, Inc.



Simple to operate.
Maintain loan fees in one or more worksheets.

For monthly reporting:
1)  Import a worksheet
2)  Select a calendar month and calculate:
     -  Loan fee income and expense recognition for an entire file
     -  FASB 91 calculations and compliance
     -  All monthly accounting reports
     -  General ledger postings
     -  Lifetime amortization schedule for any loan
     -  In a matter of seconds!
      Enter loan data and fees.
      Download loan data from a mainframe.

 Export calculation results and reports to Excel.
      For internal use.
      Email to outside auditors.

 Records retention.
      Export reports to Excel.
      Or save loan worksheets with a unique monthly name.
           Import, calculate, report at any future date.

During import, the software:
    Calculates effective interest rates
          Monthly fee income and costs amortization
          Calendar date selection determines effective month.
     For each record:
          Monthly recognition
          Deferral balance
          Book value carrying balance
          Summary totals of the above by category:
               Fee income totals
               Cost/expense totals

You can also:
     Generate amortized income and expense totals for a
          Calendar or fiscal year
          As of a prior or future period
     View a lifetime month by month amortization and fee recognition schedule for any record
     Copy and paste results elsewhere

Supports single or multiple paydowns.
     Curtailments, paydowns, participation sales.
     Put date and paydown amount in the file.
          The system will automatically accelerate deferred fee recognition for the paydown amount.
          A percentage of the paydown/loan balance will be used to recognize that portion of the deferral.
          A new effective interest rate will be calculated based on the new remaining term.
     Accepts multiple paydowns for the same loan.
          Including separate, multiple paydowns in the same month.
     Log paydowns 2 ways (or use both):
          Immediately following a loan number row.
          Grouped together within a "Changes" section.

Early payoff date column to recognize in full prior to end of anticipated term.

Rate changes:
     The software supports one rate adjustment.
      It also supports multiple rate changes.
          Put new rate and effective date in the file.
               Enter as many changes as occur.
          The system calculates a new payment and recalculates the effective interest rate.
     Log rate changes 2 ways (or use both):
          Immediately following a loan number row.
          Grouped together within a "Changes" section.

Loan types
     -  Fixed rate
     -  Adjustable
     -  Amortizing
     -  Interest only
     -  Balloon
     -  Zero interest
     -  Non-amortizing

Payment frequencies
     -  Monthly
     -  Bi-weekly
     -  Quarterly
     -  Semi-annual and annual

•  FASB 91 Effective interest rate
•  Deferral amortization recognition
     -  Fee income
     -  Fee expense, cost
     -  Net of both when applicable
     -  For loan term or average life
•  All monthly accounting reports
•  GAAP, FASB compliant

Calculate deferral recognition and balances as of:
•  Current month
•  Prior month
•  Prior year end (fiscal or calendar)
•  Future month or year end
•  Range of future months for annual budget/forecasting

Trial Balance subsidiary ledger report
Detail and totals for
     •  Income
     •  Expense
     •  Accumulated
     •  Deferral balance
     •  Carrying amount (Accretion balance)
     •  Totals by category or general ledger account numbers

General ledger
     •  Journal Voucher posting source document
     •  Upload posting file
     •  Direct post to any chart of accounts
     •  Allocate selected or all recognition to revenue and cost centers

FASB 91 detail schedules
     •  Lifetime effective interest method amortization for each record

Available in 2 versions, where a file consists of
1) Loans at the individual loan level:
     -  Fixed rate, adjustable, amortizing, interest only (non amortizing) and balloon loans
     -  Monthly, bi-weekly, quarterly, semi-annual and annual payment frequencies
     -  Mortgages
     -  Dealer fees, holdbacks, indirect auto lending expense
     -  P&I amortizing loans
     -  Balloon
     -  Interest only
     -  Average life term
     -  Callable

2) Groups and packages (fees treated as premium or discount using our Omnibus software):
     -  Individual rates, composite, dollar weighted
     -  Mortgage backed securities
     -  LSBOs
          Purchased loans
     -  Other packaged loans
          Held to term
          Average life
     -  Amortizing
     -  Irregular principal receipts stream
          Variable amounts
          Curtailments, payoffs
          Partial sales
     -  Weighted rate changes
     -  Interest only
     -  Monthly bulk origination, aggregate




Price page includes ....
     •  Stand alone and network sharing prices.
     •  Link to download a free demo right now
     •  Click to open and view price page

Don't see what you need?
     We have other software not featured on our website.
     We can also tailor and customize the software.
email Support@fdssi.com

Other pages of interest ....
FASB 91 products page
Omnibus - Loan, bond packages FASB 91 amortization
Bond accounting FASB 91 amortization
Bond accounting straight line amortization
Bond issue costs FASB 91 amortization
Enter, calculate one record at a time calculator suite
CPA, auditor, financial advisor FASB 91 page
FASB 91 custom system
FASB 91 services offered
  FASB 91 Loan Fee Amortization Software for Windows® PC, laptop, workstation and network sharing by
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