A single system
to amortize, generate accounting reports and journal postings
for all
of your
accounting
worksheet records ....
ACCRUED EXPENSES
....
• Taxes -
Federal, state,
county
• Audit and
regulatory fees
• Assessments
and reserves
• Amortize any expense for future funding
- Terms for 1 through 999 months
- Span calendar/fiscal years
- Supports any chart of accounts
- Adjustment/revision handling
- Monthly expense, remaining balances
- Accounting reports
- General ledger posting file
- User defined subcode reports
- Export all reports to Excel
The same software also amortizes
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
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
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Copy worksheet records to the software for calculations and reporting at any time.
- Use as many different general ledger account numbers as required
The software generates Debit and Credit subtotals
Posting amounts with offsets
Balance sheet totals
- Supports any chart of accounts
Click to open an Excel worksheet with sample records and reports ....
Accrued Expenses Amortization - FDSSI-USC15-ACR.xls
Prepaids - FDSSI-USC15-PPQ.xls (or view database verision)
Deferrals - FDSSI-USC15-DEQ.xls (or view database verision)
Fixed Assets - FDSSI-USC15-FXQ-xls (or view database verision)
Scroll down or click here for price pages and to download a free demo
CPA? Accounting services firm?
• Use the software to calculate your client files
• Have client email their data to you in Excel worksheets
• Import their worksheet to the software
• Calculate, amortize and generate accounting reports and schedules
- Monthly basis
- Quarterly
- Calendar or fiscal year
• Return file to the client with Excel worksheets:
- Accounting reports
- Journal voucher posting source document
- General ledger upload posting files
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Available in 2
calculation
versions
1) Term
is in months, includes these three methods:
• 30 day financial months
• Actual days in each month, including partial first and last months
• Accelerated sum of the years digits (more is recognized during earlier months)
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
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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
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