BONDS
and other investments
• Premium and
discount accretion, amortization software
• 2 Methods
- FASB 91 effective interest method and/or
- Straight line method
• Both methods
are included in the software
• Use one, use
both, compare results between methods
On this page
• Highlights
• Screen samples for effective interest
method
• Price
• Download a free demo now - No registration
required
Account for investment premiums and discounts
• Effective interest rate calculation
• Monthly deferral amortization
• Monthly interest accrual on par
• Complete reporting
Calculate recognition as of:
• Prior month or year end
• Current month
• Future month or year end
• Need results now? Have
us calculate your file and send reports
in Excel
Compare results
as of any month to your existing method
Determine material
vs. immaterial
FASB 91 schedules
• Lifetime effective interest method
amortization for each record
Subsidiary ledger Trial Balance report
• Detail and totals for for
• Income (discount)
• Expense (premium)
• Accumulated
• Deferral balance
• Carrying 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
• Allocate selected or all interest
accruals to revenue and cost centers
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