FASB 91 Loan fee amortization software
Prepaid expenses, deferred charges amortization
Deferred income, revenue amortization
Fixed assets, FF&E straight line depreciation

FASB 91 effective interest method  
FASB 91 loan fees, income and expense software
Dealer indirect lending fees, charges amortization
Omnibus - MBS, hybrids, loan packages, syndicated
Bonds - Premium, discount accounting software
Calculator Suite for individual bond schedules
FASB 91 effective interest method all products

Financial Data Support Systems, Inc.  
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PC, laptop, workstation and
shared network devices
running Windows®

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

If you don't find what you need ....
Our FASB 91 software and client parameter files can be configured to calculate virtually all types of loans, bonds and other financial instruments.  Please contact
Support for answers to your requirements.

FASB 91 effective interest method loan fees income and expense amortization and accounting
  •  Highlights
  •  Price
  •  Free demo

Software to automatically import loans from one or multiple Excel worksheets and
Calculate FASB 91 effective interest rates for fee income, expense, origination and other fees
For amortizing loans, the software calculates current loan balance
Calculate monthly amount of fee income or expense to recognize for each loan
Early payoff:
     The software recognize the remaining deferral amount.
Curtailment, paydown, other partial reductions to loan balance principal:
     The software calculates a new effective interest rate.
     The software accelerates fee recognition proportionate to the reduction.
Variable rate, adjustable rate:
     The software calculates a new effective interest rate.
     The software calculates a new payment.
Generate fee income and expense totals
Create a loan ledger subsidiary balance sheet report
Build a general ledger upload posting file
Hundreds of thousands of loans at the same time
     For any month, year
     For any calendar or fiscal entire year
     For audit and examination periods
Calculate from original loan dates or an "as of" begin date to preserve deferral balances from having used another process
Automatic lifetime fee amortization schedule for any loan
Customizing available for unique situations, new lending programs
Free demo
     Download a free demo from the Price page, below.
     The demo is the live software, imports up to 15 loans and can be rolled into a permanent system.

     For loans with fluctuating payment amounts or irregular frequency, including MBS, packages, syndicated and others,
     view our Omnibus software.

     For loans with no payback or cash flow during the term, account for upfront fees
     using our Premium and Discount software.

 Client testimonials ....

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

 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

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

  Your customer service is fantastic!
  Have a great week.
               Redmond, WA

Related software ....


MBS, syndicated, LSBO, secondary market, grouped originations, bundled loans, other types of underlying collateral. 
FASB 91 premium, discount, other fees accounting amortization software for irregular reductions to par, principal on loans, packages, bond paydowns, other purchased and originated instruments.   Premium amortization, discount accretion, deferred fee recognition for purchasers, sellers, originators over a begin date to maturity date.  Effective interest rate calculation, accounting and reporting for actual, aggregated, weighted average rates, terms.  Accelerated recognition for paydowns.  Effective rate recaculation for variable rate changes.  Detail schedule for each record.
Omnibus FASB 91 for instruments, purchased, originated with irregular reductions to par or principal

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

  •  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 fee recognition due to paydown/curtailment/payoff

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 ....

Price page and free demo  ....

Click to open and view Price page
     •  Evaluate the software
         Download a demo from the Price page right now.  No registration required.
The demo is the live software, imports up to 15 loans and can be rolled into a permanent system.

Related software  -  click to view page ....
Loan packages?  Irregular paydown amounts?  Other loan type financial instruments?
     View our FASB 91 Omnibus software for purchased loans
      packages, MBS, LSBO, sold participations, other instruments
      Omnibus premium, discount FASB 91 amortization software

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



Sample screens.  Click to view  ....

Excel worksheet
  •  Excel worksheet with amortizing loans, interest only, balloons ....
          including loans with rate changes, paydown curtailments, accelerated recognition

Import Screen - Loans with totals 
  •  FASB 91 monthly fee income and expense recognition

Monthly reporting
  •  Subsidiary general ledger accounts trial balance listing
          the software creates a trial balance, journal voucher plus general ledger postings

Lifetime fee amortization schedules
  •  Loan fee amortization schedule.  Lifetime month by month fee recognition
          includes additional fee recognition for a loan with a paydown curtailment

Early payoff
  •  Fee recognition for a loan with an early payoff date
          the software recognizes the remaining deferral balance

Audit and examination 
  •  Fee recognition for an entire year - calendar, fiscal, audit or examination period

               Your existing records ....

Have not been recognizing fees:
If you have not been booking fee recognition, the software can provide the amount which should have been been recognized under FASB 91 from original loan dates through any month and year.

Have been recognizing fees:
If you have been booking fee recognition using another method, the software allows you to retain current fee balances.
In the Excel worksheet:
Substitute original loan balance with current loan balance.
Original fee income or expense becomes current fee income or expense.
First payment date needs to be the first month for the system to begin recognizing the fee.
Term column should be left blank, which instructs the system to calculate a remaining term based on payment, rate and balance.

               Related software ....
Irregular paydown amounts or payment streams?
Loan packages?  Syndicated?  MBS?  Participations?
Other loan type financial instruments, originated or purchased?
View our Omnibus FASB 91 amortization software

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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