Hard to find GAAP Amortization Software to run on a
Laptop, PC, Network sharing or Cloud based system
supporting Windows 7,10,11

Financial Data
Support Systems, Inc.
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General Accounting Software, Database Versions
     Prepaid Expenses, Deferred Charges Amortization
     Fixed Assets, FF&E Straight Line Depreciation
     Deferred Income, Unearned Revenue Amortization

General Accounting Software, Import Excel Files
     Accrued Expenses Amortization
     Holding/Parent company, monthly General Accounting subs' Excel files
     Your own monthly General Accounting recognition of Excel files
     4+4+5, daily, other non-monthly recognition for General Accounting files

CPA, Accounting Service Providers
     Software to import Client Excel files, output monthly accounting reports to Excel

Loans - Deferred Fee Income, Expense Recognition
     FASB 91 - All software products
     Originated loans:  Deferred income and expense fee recognition
     Purchased individual loans: Deferred income, expense fee recognition
     Dealer fees:  Indirect lending charges recognition
     MBS, packaged loans GAAP premium, discount recognition
  MCA Merchant Cash Advance GAAP discounts, other income, expense

Bond Purchasers
     GAAP Effective Interest Method premium, discount recognition
     Straight Line premium, discount recognition

Bond, Debt Issuers
     GAAP Effective Interest Method premium, discount, issue costs recognition
     Corporate Debt issuers. GAAP recognition for costs, adjustment to proceeds

Merchant Cash Advances, FASB GAAP

Scroll down for Price Page and free demo

MCA - Merchant Cash Advances
GAAP, FASB Software to calculate deferral balances.
     Original discounts plus other deferred items such as commissions, broker fees, bank fees ....

Import a Deals File to the software monthly or just once a year.
     Create an extract file from your servicing system in Excel.
     Supports Daily and Weekly payments.
     Deals can be short term or span multiple years.
     Deferral values can be reduced by any investor syndicated %.

Payments are calculated by the software as an average of:
     Prior month or Original Face Value minus Current month Face Value
     divided by number of payment due dates.

Calculate IRR Internal Rate of Return.

Calculate NPV Net Present Value.

Calculate deferral balances for discounts, bank fees, legal expense, other fees ....

Generate totals for:
     Original Discount
     Accumulated income
     Deferral balance
     Current Face Value from the Deals File
     Carrying Balance (NPV)

Verify results.
     Create a recognition schedule for any deal.

Compare software IRR generated Deferral Balances to Cash Basis general ledger balances.  Post and reverse adjustments.

GAAP, FASB software for Merchant Cash Advances with daily, weekly payments

Amortize dozens, hundreds, thousands of MCA deals at the same time
     IRR Effective interest rate calculation for each record.
     Lifetime amortization schedule for each fee, for each record.
     Deferral % reductions for joint venture, syndicated participations.
     Freeze Schedule when a deal goes bad.
     Clear up audit exceptions with a minimum amount of effort.

Determine what Discount, other Income and Expense Balances should be when
using the effective interest method for daily, weekly payments

     End of month
     End of year
     Designed to eliminate footnote exceptions on Financial Statements

Calculate all MCA records at the same time:
     GAAP, FASB effective interest rates (IRR)
     NPV Net Present Value (Carrying Balance, Book Value)
     Discount on Proceeds Balance (Deferred Income Balance) plus other deferred income, expense

Audit schedules for each record:
     Day-by-Day recognition schedule which opens in Excel
     Monthly totals
     Supportive documentation
     IRR, NPV independent verification in seconds
     Show results to your auditor

Easy to operate

Automatically import a Deals file to the software
Import basic information for each Deal consisting of:
     Deal number/Description
     First pay date
     Final pay/maturity date
     Original Face Value
     Discount (or other fee to be amortized as income, expense)
     Deferral % Owned if syndicated
     Current Face Value
     General ledger accounts if desired
     Payment frequency:  Daily, Weekly
     Payment amount

Daily payments exclude the following dates:
     And the observed day for
     New Year's
     Martin Luther King birthday
     Memorial day
     July 4th
     Labor day
     Veteran's day
     December 25th
     Exception:  If a Final Payment date falls on any of the above, the Final Payment will become a Payment.

Click to open and view Price page 
Request a free demo which includes:
     •  A live version of the software
     •  Sample records
     •  Ability to run detail schedules

For more information, please call
1-800-245-8444  (Florida, Eastern Time)
email Support@fdssi.com

  GAAP, FASB Merchant Cash Advances Amortization
Software for Windows® on a computer, laptop, shared network and cloud based systems
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