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Schedules: FASB 91
Schedules: Other

Excel Data Software
Amortize Excel records
Depreciate Excel records
Allocate cost, income
Allocate journal postings

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ACCOUNTING
SOFTWARE
by Financial Data Support Systems, Inc.
for Windows® PC, workstation, networks
Calculation Methods supported by our accounting amortization software
1)  Straight Line

2)  Accelerated
     •  Sum of the years digits (SYD)
     •  Rule of 78s (SYD for 12 month term: 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 = 78)

3)  Date to Date

4)  Other:
     •  FASB 91 effective interest rate
     •  Excel data
     •  Percentage of balance (deferral recognition tied to other remaining units)
     •  Daily, weekly, 4-4-5, 13 month and date to date
 

Comparative monthly results
SYD recognizes a greater amount during earlier portion of the term

 
 

Our software allows records to be maintained in a
•  Database provided with the software
•  Excel file template provided with the software
•  An existing Excel or other spreadsheet file
 
 

For Highlights and a free Demo
Prepaid Expenses and Deferred Charges
Deferred Income and Revenue
Fixed Assets
Accrued Expenses

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