Amortize
     •  Deferred income and revenue including
     •  Prepaid fees, sales, receipts
     •  Partial, whole, interim receipts which can't be immediately booked as income
     •  Leases, rents, other prepaid occupancy charges received
     •  Loan fees, direct and indirect lending fees as income
     •  Maintenance agreements covering hardware, software, professional services
     •  Bond and investment premiums and discounts
     •  Memberships, licenses, dues, fees
     •  Begin amortizing immediately or
          Defer until a future month, then amortize or recognize all
     •  Also handles recurring income and other credit with debit offset transactions
          (amount to amortize = monthly recurrence X recurring months)
 

On this page
     •  Highlights
     •  Screen and report samples
     •  Price
     •  Download a free demo with Excel templates
 

It couldn't be simpler!
1)  Copy four data columns from Excel
      •  Description
      •  Begin date
      •  Deferral (amount to amortize)
      •  Term
2)  Paste to the software
      Calculate recognition, accumulated and balance as of
          •  Any prior month or year end
          •  Current month or date-to-date accounting period
          •  Any future month or year end
 

Prepare all accounting reports in seconds
     •  Subsidiary ledger Trial Balance
          Amortization results for each record
               View a record's lifetime monthly schedule
          Calculated subtotals for each general ledger account
               Includes branch, department, cost and revenue center accounts 
     •  Journal Voucher debit and credit posting source document
               Optionally allocate amortized income to your chart of accounts
     •  Export file for general ledger posting
     •  View reports.  Send reports to printer.  Copy to Excel.
     •  If desired, copy amortization results back to your file:
               Paste income, accumulated and book value columns
               Maintain annual or longer period calculations in a single file
 

Flexible
Use this same software for files containing
     •  Prepaid and deferred expenses
     •  Fixed assets, FF&E
     •  Deferred income, revenue, unearned fees
     •  Expense accruals
     •  Bond, other investment premiums and discounts
     •  Other types of records requiring amortization
 

Calculation Methods Supported
Terms of 1 to 999 months (1 month term recognizes entire amount) 
1)  Monthly: Straight line
2)  Monthly: In service, date to date, actual days in month with partial first and last months
3)  Monthly accelerated: Sum of the years digits, Rule of 78's for any term in months
4)  Calendar date: Accounting periods are day, days, week, weeks, 4-4-5, any date-to-date
.