Calculate, report and account for
     Premium and discount amortization
          - Calendar month
          - Accounting period (range of months or fiscal year end)
          - Lifetime amortization schedule for each record
     Amortization periods:
         Generate amortized income and expense totals for a
               - Month
               - Quarter
               - Year (calendar or fiscal - great for tax preparation)
     Issue costs, issuance fees, acquisition and other charges
          - Ability to amortize these costs separate from premiums and discounts
          - Post expenses to different general ledger accounts
     Interest accruals
     Par amortization, accretion
     Early maturity date
          - Recognize deferral balance in full prior to scheduled maturity date
          - Set to current, paste or future month
          - Facilitates
               Early redemption
               Sale/trade
               Call
               Any other purpose

•  General ledger posting file preparation
          Supports any chart of accounts
          Column H, I general ledger account numbers or system assigned defaults

•  Premiums and discounts
         Monthly recognition to income, expense
         Accumulated
         Deferral balance
         Carrying amount (Accretion balance)

•  Other costs, Colomn O.  Separate amortization for:
         Issuance cost and charges
         Acquisition fees
         Other fees (and income) to be deferred but not included within premium and discount recognition
         Columns P, Q general ledger posting account numbers or system assigned defaults

•  Interest accruals
         Calculate an accrual for the current month only
         Calculate a total accrued using an "accrue from" date, Column J
         Supports accrue and accrual reversal functions
               Columns K, L general ledger posting account numbers or system assigned defaults
         Projections:  Calculate interest accrual through end of year, other period

• Early maturity date, Column R
         Take full premium and discount balances prior to scheduled maturity date
          System automatically finalizes a record if redeemed early, sold, called, otherwise disposed 

•  Par amortization for sinking fund, other tracking purposes
         Monthly amortized recognition
               Columns M, N general ledger posting account numbers or system assigned defaults
         Accumulated
         Par balance

• Period calculations
         Fiscal and calendar years
         Determine all balances "as of" a future month, EOY period
         Determine income, expense recognition which spans multiple months

•  Graphs
          Contrast one value within another
          Examples:
               Par within maturity months for cash flow projections
              Par grouped by nominal rate (nearest quarter)
          Copy a graph to Excel
          Copy the data and use Excel graph functions