Bond
accounting software for Bond, other Debt Issuers
GAAP effective interest method, level yield
With ability to utilize
Straight Line method at
the file, debt record or
individual cost,
premium, discount level
•
Corporate Debt Issuers page
On demand monthly reporting for
bonds, debentures, other
debt instruments
requiring:
Premium income amortization
Discount expense accretion
Issue costs
amortization as actual,
estimated, subsequent
month adjustments
Debt interest
expense accruals
Annual
and projection totals,
including cash flow,
from any month
through 1 to 60
months.
Partial
calls/redemptions/repayments,
refinances and/or rate
changes:
The software calculates:
Interest at the coupon rate.
Interest at the effective interest rate.
Interest at a
constant rate:
Constant rate is a single rate that will produce the
same total amount of
interest as the coupon
rate.
Premium, discount recognition is the difference between
constant rate interest
and effective rate
interest.
|
Hard to find
GAAP
Amortization
Software to run on a
PC,
Network sharing or
Cloud based system
supporting
Windows 7, 10, 11
|