Bond Issue costs amortization software  


 Financial Data Support Systems, Inc. 
FASB 91 - all products page
MBS, GNMA, LSBO packages
FASB 91 Loan fees
FASB 91 Dealer fees
Prospective, Retrospective
FASB ASC-310-20
Custom Software, Services
Bond Purchasers - Level Yield
Bond Purchasers - Straight Line
  Bond Issuers
Prepaid Expenses, deferred charges  
Deferred Income, revenue
Fixed Assets, FF&E  
Excel worksheet amortization listing
Home page
About, contact us
 
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Accounting Software


Bond issuers

Premiums, Discounts and Issue Costs

Effective interest method level yield or straight line amortization

•  Automatically import bond data from a worksheet.  Run reports, view, print, send to Excel and Adobe in a matter of minutes.

•  Monthly totals plus current and prior fiscal years

•  Effective interest rate calculations
  Bond Purchasers

•  Discount expense, premium income recognition for all bonds at the same time

•  Issuance cost expense recognition for all bonds at the same time

•  Fixed rate, variable rate, zero rate bonds

•  From original begin dates or current  balances forward

•  General ledger subsidiary listing, P&L within balance sheet accounts

•  Journal voucher recap with debit, credit columns

•  General ledger posting file

•  Detail audit schedule for each bond

 
 
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Easy to evaluate
  •  Nothing to install
  •  Create a temporary folder
  •  Download a free demo
  •  Unzip a file
  •  Run the program
  •  Delete folder when done


Software operates on
  •  Your PC or
  •  Your network


Simply
  •  Import a file to the software
  •  Run reports
  •  View, print, export reports





Accounting Amortization Software for Bond Issuers using
Effective Interest Method or
Straight Line Method

Scroll down for
     •  Highlights
     •  Price
     •  Free demo
Accounting amortization software for
Bond purchasers - effective interest method, level yield, constant yield

Bond purchasers - straight line method
MBS bonds, LSBO, GNMA and other purchased loan packages


FASB, GAAP software to amortize all issued bonds at the same time

Premiums and Discounts
          •  Effective interest rate calculation
          •  Premium amortization
          •  Discount accretion
          •  Accumulated and Book Values
          •  Monthly and Yearly (calendar or fiscal) Totals
          •  Municipal, corporate, government, other bonds, agencies, premium and discount investments
          •  Callable and non-callable.  Partial and early calls/redemptions.
          •  Fixed rate.  Variable rate.  Zero rate.
          •  Month-by-month lifetime bond recognition schedules


Issuance Costs
          •  Issuance, Origination Cost amortization
          •  Monthly and Yearly (calendar or fiscal) Totals
   


If you don't see what you need ....
Special project?  Pressed for time?
We offer
     •  Bond calculation services on a one-time or recurring basis
     •  Software customization
     •  Other amortization software products

For more information,
email Support@fdssi.com
  


Records retention
     •  No need to save reports or schedules on paper
     •  Hard copy retention can be eliminated
     •  Whenever a report is needed for any prior month, year or other period:
              1)  Import the applicable Excel file containing your bond portfolio at that time
                    Do a "save as" and create a new file each year, and then delete matured and sold bonds from the new file.
              2)  Set the software dropdown calendar date to the desired reporting month, year
              3)  Run reports and schedules
  


 Accounting services firm?  Financial advisor?
Do you prepare amortization reports for another party?
     •  Import client bond file to the software
                    File can be maintained by you or
                    File can be maintained by client and emailed to you
     •  Generate monthly, yearly bond amortization and other reports
     •  Export results to Excel
     •  Email to clients
 

 









  Amortize premiums, discounts and issue costs from original Begin dates or
preserve and amortize current balances forward.  For any month.  An entire year.




















 Run this reconciliation report for a month or entire fiscal year in a matter of seconds ....
 







































                 FEATURES

FASB, GAAP compliance for:
  •  Current month, future months
  •  Prior months, restatements
  •  Monthly and annual totals
  •  Calendar and fiscal years

Premiums and discounts:
  •  Effective interest method or
  •  Straight line method
  •  Premium income
  •  Discount expense
  •  Issuance cost expense
  •  Balances
  •  Par
  •  Book value
  •  Interest expense
  •  Totals for all
  •  NET recap

Changes:
  •  Rate change
  •  Reduction to par
  •  Partial call
  •  Early call, redemption
  •  Refinance, reissue

General ledger:
  •  Subsidiary account listing
  •  Schedule with totals
  •  Journal voucher
  •  Posting totals

Excel interface:
  •  Import bonds
  •  Export bonds, reports
  •  Email bonds, reports
  •  Archive as pdf, too

Install to your computer:
  •  PC, laptop, workstation
  •  Shared network drive

Evaluation:
  •  Free demo
  •  Free sample reports


























Price page and free demo
Click to open and view Price page
     and obtain a free demo.



Bond file calculation services
We can calculate a bond file on a one-time basis.
Premium and discount amortization for a month.  For an entire calendar/fiscal year.
Reports and supportive data are provided in Excel.
For more information, Email  Bond file calculation services










Accounting software for dozens, hundreds, thousands of issued bonds ....
     •  Current month and year premium, discount amortization
     •  Prior months
     •  Prior fiscal years restatement
     •  Your bonds
     •  Client bonds - recalculation and restatement purposes


FASB 91 effective interest, level yield method
or
Straight line method software
     •  Effective interest rate calculation
     •  Premium amortization
     •  Discount accretion
     •  Issuance cost amortization
     •  General ledger, journal voucher, upload posting files
     •  Subsidiary account balance reporting



Monthly and yearly reporting:
Any prior or current month.  Any prior or current year.
     •  Municipal bonds
     •  Corporate bonds
     •  Institutional bonds
     •  Governments, agencies, notes and more
     •  Virtually any premium, discount instrument
     •  Fixed rate
     •  Variable rate
     •  Zero rate
     •  360, 365, 366 days basis
     •  Callable, non-callable
               Early calls, redemptions
               Partial calls
               Periodic, repeating redemptions
     •  Convertible - the software also calculates a constant rate









SPECIAL FEATURES

     •  Individual bond schedules:
               Automatically generate a lifetime premium or discount recognition schedule for any bond at any time.
               Generate issuance cost schedules, too.
               View, print, save in Adobe, save in Excel

     •  Partial calls, redemptions:
               Additional recognition of premium, discount balance attributable to the partial call amount
               Any reduction to par generates a proportionate recognition of premium, discount, issue cost balance on the reduction date

     •  Coupon rate changes:
               The software calculates a new effective interest rate

     •  Months to calculate:
               Ability to
               Recognize premiums and discounts for a single month and
               Recognize premiums and discounts for a span of 2 months through 12 months.
               Begin a period with any current, prior or future month/year

     •  Premiums:
               A display option can show premium recognition as negative in order to readily distinguish between premiums and discount



  Related Products ....
  BOND PURCHASERS - straight line method
  BOND PURCHASERS - effective interest method
  MBS, GNMA, LSBO, LOAN PACKAGES - FASB premiums, discounts amortization


 













Options for existing premium and discount balances


Option 1
        Preserve your existing cost basis book values.
        No restatement or adjusting journal entries necessary.
        The software can begin amortizing current premium and discount balances.

"I'm a partner in a small CPA firm.  We were recently engaged to audit municipal bonds issued by a local agency.  Bond discounts needed to be recalculated using the effective interest method.  Calculations with annual reports had to be provided for each of the past seven years.  I can't believe how easily your software allowed us to finish the entire job in such a short period of time."
                                          New Mexico

Option 2
         Calculate prior and current cost basis book values.
         The software can amortize premiums and discounts from original dates
         using original information.

Amortize all bonds at the same time.
Get monthly, yearly totals in a few seconds.



Option 3
          Begin amortizing from an "as of" date.
         Typically the beginning of a calendar or fiscal year using balances at year end. 

"We installed your software and just used it for the first time.
I can't believe how much work it will save us each month.
What used to take hours is now done in a matter of minutes.
Your product performs exactly as advertised!"
                    Texas












Need a specific answer?
email (modify) any of these questions initially posed by our clients
 
     ISSUANCE COSTS:  In addition to premiums and discounts, we also have to amortize issue costs and get....
     PREVIOUS YEARS:  I need to amortize bonds using the effective interest method for previous years going back to ....
     AUDIT:  Is there a way to verify software results?   I need to be able to ....
     FIDUCIARY:  I have to amortize client bonds on a recurring basis and send them ....
     SPECIAL PROJECTS:  Can I get the software on a temporary or short term basis for ....
     GENERAL LEDGER:  We use separate accounts for premiums, discounts and such.  Does the software ....
     YEARLY:  I need to be able to recap a fiscal year - beginning balances, new issues, income, expense, maturities, ending balances ....
     PROJECTIONS:  For budgeting and other purposes, can the software calculate premium, discount recognition for a future ....
     NETWORKS:  More than one person needs to access the software.  How many ....
     RATE CHANGES:  Our bonds have rate changes, reductions to par and  ....
     FILE SERVICES:  I just want bonds calculated once and get reports for ....
     CUSTOM:  I need bond accounting software that may have to be customized in order to ....
     OUTSOURCING:  Instead of buying software, can I just outsource everything to you and get the reports I need in Excel ....
     Or, just ask a question
 











 


Price page and free demo
Click to open and view Price page
     and obtain a free demo.



Bond file calculation services
We can calculate a bond file on a one-time basis.
Premium and discount amortization for a month.  For an entire calendar/fiscal year.
Reports and supportive data are provided in Excel.
For more information, Email  Bond file calculation services

 









 


 
 
 
 
 


 

Bond issuers
Effective interest method (yield to maturity, constant rate, level yield)
or
Straight line method
bond accounting amortization software

Related pages:
Bond purchaser pages: 
Effective interest method     Straight line method




Software to calculate monthly and yearly
     •  Premium amortization
     •  Discount accretion
     •  Issuance cost amortization
     •  Book value determination for
     •  Municipal bonds
     •  Corporate bonds
     •  Governments
     •  Notes
     •  Bills
     •  Agencies
     •  Virtually any premium, discount instrument
     •  Multiple files within a portfolio
     •  Multiple portfolios
     •  Calendar and fiscal year reporting





When applicable, the software will also account for and produce detail audit schedules reflecting:
     •  Early redemptions and
     •  Partial redemptions and
     •  Rate changes at any time
     •  Any reduction to par generates a proportionate recognition of premium, discount, issue cost balance on the reduction date



Amortize and account for all bonds the same time
     •  Effective interest rate calculations for
     •  Fixed rate bonds
     •  Variable rate, step bonds, adjustable, floating rate
     •  Zero rate
     •  Convertible
            The software calculates a blended, constant rate from which to derive monthly recognition
     •  Callable - with a call price
     •  Callable - without a price






  
Use the software to
 
     •  Amortize your bonds

     •  Amortize client bonds

        Many of our clients are CPA, accounting
        firms and financial advisors







Special features
     •  Issue costs
            Amortize issuance costs only
            Amortize premiums and discounts only
            Amortize premiums, discounts and issue costs for a month, for a year

     •  Callable bond continuation if the bond is not called
            Premium, discount, issue cost recognition is finalized as of the call date
            Coupon interest continues to the bond's maturity date

     •  Variable rates and
            Rate changes due to any reason
            Recalculation of the effective interest rate
            Coupon interest calculation at the new rate as of the change date

     •  Reductions to Par
            Early call, redemption
            Partial call, redemption
            Periodic reductions
            Other reductions to par for any reason
            Any reduction to par generates a proportionate recognition of premium, discount, issue cost balance on the reduction date

     •  Group totals
            Group bonds and obtain recognition totals by as many different categories as desired

     •  Export
            Copy bonds, calculations and totals for desired period and paste to a spreadsheet
            Automatically create an Adobe pdf file for permanent storage

                  




Effective interest method or straight line method amortization for
     •  Fixed rate bonds
     •  Zero rate
     •  Variable rate, steps, adjustable, floating rate



Amortize issue costs for
     •  Regular bonds
     •  Callable and non-callable bonds
     •  Callable, with or without a call price
     •  Convertible bonds



Many of our clients are
     •  CPA, accounting firms
     •  Auditors
     •  Asset management companies
     •  Financial advisors



     •  Level yield
     •  Effective interest method under FASB 91
     •  Constant yield
     •  360/365/366 days in a year basis
Municipal, corporate, original issue, secondary market, government, notes, bills, agencies
Virtually any type of premium, discount financial instruments
     •  Fixed rate
     •  Zero rate
     •  Variable rate, steps
     •  Adjustable
     •  Floating
     •  Rate changes due to any reason
            Recalculation of the effective interest rate for remaining term
     •  Convertible
            Including the calculation of a constant rate to determine the effective interest rate
     •  Partial sale
            Accelerated, proportionate recognition of premium or discount
     •  Reductions to par for any reason
           Accelerated, proportionate recognition of premium or discount
     •  Callable - with a call price
     •  Callable - without a price
     •  Early call, redemption
            Full recognition of premium or discount balance
     •  Partial call, redemption
            Accelerated, proportionate recognition of premium or discount on the day of reduction to par
Calculate for current and prior reporting periods
     •  Amortize your bond issue costs
     •  Amortize client bonds (many of our clients are accounting firms and financial advisors)
View, print, export results to Excel and other spreadsheets
     •  Issuance cost recognition and balances
     •  Totals for all bonds
Rate change
        Recalculate effective rate over remaining term due to a rate change
        Calculate coupon interest over remaining term at the new rate
Par reduction
        Accelerated premium, discount recognition for reduction amount to par due to
               Partial sale
               Partial recall
               Partial redemption
               Other reduction to par
        Also includes early sale, redemption, call date to recognize deferral balance in full   
        Any reduction to par generates a proportionate recognition of premium, discount, issue cost balance on the reduction date
Generate group and portfolio totals
Annual recap for audit and examinations
Automatically generate lifetime bond amortization schedules



•  Early call, redemption date
     -  Automatic recognition of issue cost deferral balance in full


•  A complete accounting package
     -  Issuance cost amortization
     -  Discount accretion
     -  Premium amortization
     -  Interest accruals at the coupon rate
     -  Journal Voucher posting source document
     -  General ledger posting files



•  Special features
     - Lifetime issue cost amortization schedule
          -  Complete detail support for reporting totals
          -  Great at auditing time!
     -  Group, track, account for bonds by Issue


Accrual Basis Accounting
Our software accounts for bonds using the Accrual Method of accounting.
Coupon interest is calculated monthly, when interest expense is incurred, regardless of when it is distributed.
As such, our effective rate might differ from a cash basis YTM at the 5th to 6th decimal place.



Price
Stand alone and network sharing prices
Click to open and view Price page
     Free demo  Price page contains a link to
     download a zip file containing the software and sample bonds.



Bond file calculation services
We can calculate a bond file on a one-time basis.
Premium and discount amortization for a month.  For an entire calendar/fiscal year.
Reports and supportive data are provided in Excel.
For more information, Email  Bond file calculation services


Questions?
Don't see what you need?
     Need some assistance with your situation?
1-800-245-8444
or email Support@fdssi.com

Other pages of interest ....
FASB 91 products page
Omnibus - Loan, bond packages FASB amortization
Loan origination fees FASB 91 amortization
Enter, calculate one record at a time calculator suite
CPA, auditor, financial advisor FASB 91 page
FASB 91 custom system
FASB 91 services offered
 










  Bond issuance cost amortization software for
 Windows® PC, laptop, workstation and network sharing by
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