A single system
to amortize, generate accounting reports and journal postings
for all
of your
accounting
worksheet records. Only $95.00
PREPAIDS ....
• Prepaid,
capitalized
expenses
• Deferred
charges, costs
•
Insurance
premiums
•
Maintenance
agreements
• Deferred loan fee income and expense
DEFERRALS ....
• Deferred income,
revenue
• Unearned fees
• Partial, interim receipts
ACCRUALS
....
• Taxes -
Federal, state,
county
• Audit and
regulatory fees
• Assessments
and reserves
FIXED ASSETS ....
• Tangible assets
• FF&E
• Property, equipment
BONDS
....
• Bond
premiums
• Bond
discounts
•
Amortization and
accretion
OTHER
....
Other
records
requiring
amortized recognition over
1 to 999 months
using both
- 30 day
financial months
and
- Date to date
calendar days
Copy a worksheet
Paste to the software for
- Calculations
- Trial Balance report
- Journal Voucher
Subtotals or records
- Upload posting file
Total Debits and Credits are higher because no "netting" occurred for negative amounts. |
Copy worksheet records to the software for calculations and reporting at any time.
Maintain records in separate files. Or combine them.
Use as many different general ledger account numbers as required.
Sample report:
Calculations for February, 2012 - Prepaids, Deferred and Accruals in a single worksheet.
The software creates
- This Trial Balance for balancing
- Journal Voucher (scroll to next image)
- General ledger upload posting file
Journal Voucher #1 of 2
Postings at general ledger account Subtotal Level
Journal Voucher #2 of 2
Postings for each individual record (supports other posting subtotals, too)
 |
Available in 2
calculation
versions
1) Term
is in months
•
Calculation
periods are all
30 day financial
months,
regardless of
day portion of
begin date.
Example:
1,200.00 over 12
months amortizes
100.00 per month
•
Amortize for
current, past or
future month
2) Term
is from a date
to a maturity or
ending date
Calculation
periods are from
a date to a
date.
Set any
beginning and
ending date.
Amortize for
• Daily
periods (day to
day, such as
recognizing
amortization
each day of the
month) plus
•
Multiple days or
date range to
include the
weekend
• Weekly,
multiple weeks
• 4-4-5
• Monthly
(actual days in
month - 31, 30,
28)
•
Quarterly
• Any
other date to
date periods
Simply copy
and paste
worksheet
records to the
software
Paste dozens,
hundred,
thousands of
records.
• A
flexible, easy
to use
accounting
system your
auditors will
appreciate
•
Complete
reporting
capabilities
• Span
calendar/fiscal
years
No "end of year"
hassles or
initialization
or need to
create new
worksheets
•
Supports any
general ledger
chart of
accounts.
• Adjust for
partial refunds,
additional
disbursements
• Generate
monthly
accounting and
posting reports
•
Additional
reporting
available for up
to 4 separate
user defined
code values
• View.
Print.
Export all
reports to
Excel.
• The
software comes
with a complete
set of
templates.
Or keep all
records in a
single
worksheet.
Maintain
other accounting records
in
worksheets, too
• Any
amounts needing
to be amortized
over 1 to 999
months requiring
general ledger
balancing,
posting and
reporting
|
How it
works
Amortize and run
reports at any
time.
Simply
• Copy an
entire worksheet
as if copying to
another
worksheet
Worksheet rows
contain:
- Description
- Begin date
- Amount to
calculate
- End of term
date or a term
in months
- 4 more columns
for user defined
codes and
reporting
- General ledger
account numbers
to be debited
and credited
• Click
"Paste" on
software's
import window
Set calendar
dates to
amortization
calculation
period
View, print,
even export
(copy/paste) all
reports
Create general
ledger posting
file
Direct post or
allocate to
branch, cost, RC
accounts |
