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GAAP, FASB
amortization software for Merchant
Lenders
Also applicable for
syndicated Investors - amortize your
investment %
Definition
of a Deal
$25,000.00 Proceeds check to customer.
$5,000.00 Profit Discount, a Deferral
to be recognized under GAAP.
$30,000.00 RTR, the total
amount to be repaid.
5,000.00 Profit is a
Deferral being recognized as a Discount
to RTR. 25,000 is NPV
Cash Basis Deferral balance will be
Deferral - ((5,000.00/30,000) *
reduction to RTR balance)
Extract Deals from your servicing system
into an Excel file each month
Import the Excel file to the software
Amortize
hundreds,
thousands of Deals at the same time
GAAP IRR
Effective Interest Rate calculation for each
Deal.
Profit Discount Balance Totals based on
the change to RTR from last month to
this month.
Other deferred income, expense Balance
Totals
The software creates monthly
History files for each fee with each Deal's
activity.
NPV Net Present Value (RTR +/- Deferral balance), a/k/a
Proceeds balance
Lifetime amortization schedule
for each fee, for each Deal.
Income
or expense recognition for each Deal
Monthly
Year to Date
Life to Date
File totals for all Deals
Account for
Deals with
timely payments, missed payments,
irregular payments and bounces.
Write Offs: Provides GAAP Profit and
Proceeds balance. Other income and
expenses are recognized in full.
Refinances: Profit income and other
income and expenses are recognized in
full.
Modifications: Change a
Deal's payment amount, final payment due date
or payment frequency at any time.
Deferral Report recap for all Deals
Monthly, Year to Date
and Life to Date income and expense
totals for each Deferral
GAAP
Remaining Balances for each Deferral
Cash Basis Remaining Balances for
each Deal
Audit
amortization schedule
for each deal
Day-by-Day
recognition
schedule opens in Excel
Includes side-by-side GAAP recognition vs. Cash Basis
recognition
IRR, NPV independent
verification in seconds
Show results
for any deal(s) to your auditor
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