FASB
91
Effective Interest Method
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| Straight
Line Amortization
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| Financial
Data Support Systems, Inc.
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For
PC, laptop,
workstation and
shared devices
running Windows® |
|
Utilized by
Business
Government
Financial Institutions
Accounting Firms |
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Excel
Prepaid Expenses
Amortization and Reporting Software
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Track,
manage, amortize ....
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Prepaid expenses
• Deferred charges
• Capitalized costs
• Insurance premiums
• Maintenance agreements
• Professional retainers
• Intangible assets
• Prepaid rent, occupancy |
•
Durable office supplies
• Donations, gifts
• Memberships
• Security charges
• License fees
• Equipment, upgrade costs
• Taxes, certificates
• Dues and subscriptions |
•
Software, programs
• Annual assessments
• Hardware fees
• Incorporation charges
• Marketing, promotions
• Recurring transactions
• Any expense over time
Amortize to income |
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Run
any report for any month at any time ....
•
Span fiscal years
• No monthly close out
• No end of year chores
• Post "as of" any month
• Any chart of accounts
• Terms for 1 to 999 months
• Records retention
• Source document history
• Audit year recap |
•
FASB, GAAP compliant
• Adjustment handling
• User defined reports
• Tickler review/renew date
• Enter and/or import data
• Export data and reports
• Account reconciliation
• General ledger upload file
• Defer a start month |
•
Capture prior month(s)
• Report filters
• Graphing functions
• Type classification
• Budget period projections
• Date range reporting
• Paper or go electronic
• Documentation, Help, Tips
• 1-800 and email support |
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General
ledger posting ....
The
software can format transactions for posting to any general ledger system.
Disk files and
Excel worksheets
Columns and data layout in any order (including
blank, filler and generated values)
Transaction codes
Prior month backdating (ex: post in May with
effective date of April)
Header, trailer and totals records
Multiple debit, credit columns or a single
column with credits identified by "-" or "( )"
Undo (reversal)
Generate debit and credit transactions as:
Summary totals for each general ledger account
or
Individual transactions for each record
Monthly amortization can be:
A direct posting to an expense account or
Allocated (distributed) to multiple general
ledger cost center accounts
General ledger account numbers can be:
Uploaded as entered or
Split into multiple posting file columns in
any order (account number, company code, cost center, department, region,
sub coding ....) |
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Scroll down for price and free software demo ....
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