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GAAP Amortization
software for Debt Issuers
with the ability to use straight line for entire file,
selected Debt records, selected cost, premium, discount
records
for Windows 7, 10 and 11 operating on a PC, shared
network or cloud based system.
• Question?
How to contact us via 1-800 or email
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Download the free
demo ....
1)
Create a new folder (or subfolder)
using any name on your
local drive.
Suggested folder name:
FDSSI-FL
2) Right click the demo file, below.
3) Select "save/save link/save target as", browse to and save the
demo file in the new folder
4) From within the new folder:
Right click the demo file and either:
Extract zip file
contents, being certain the contents will be
extracted to/within the new folder
(not a subfolder which the extract may append).
or
Open the zip file,
copy all files and paste all files within the
new folder
5)
Run/double click the program
THRIFTYF.exe
Version 1 demo file:
FDSSI-Debt
Issuers.zip
Please contact us
with any questions or if you require assistance
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How to
order the software
Click "Pay now"
button for
processing a
secure payment.
After clicking, signify select "Don't have a
PayPal account?"
(membership
is not required).
Make a secure
payment using
any major credit
card.
In the order
form's memo
section, please
include this
information for
our records:
Your name,
title, phone
number
Business name
and mailing
address
About an
order
Following
notification to
us that payment
has been
processed
(normally within
two hours),
we
will notify you
by email the
same or next
business day
(Eastern time) that your order
has been
prepared along
with
instructions for
downloading from
a private link
to our website.
Software price (US dollars)
Ordering this
software implies
consent with our
licensing
agreement.
Debt Issuers
GAAP effective interest method
amortization software
Import an Excel file containing
Debt records, costs, premiums and discounts to
the software
Calculate interest, GAAP expense and
income for any month.
Ability to use straight line for entire
file, selected Debt records, selected cost,
premium, discount records.
Lifetime
schedules for:
Debt record monthly interest calculation and
interest payments.
Cost, discount, premium GAAP effective interest
method monthly amortization .
Reports:
1)
Monthly Posting: Costs, Premiums, Discounts
Amortization Report. Followed with Journal
Voucher then General Ledger Posting file.
Column A codes C & N: Costs plus Premium
amortization and discount accretion recognized
for the selected calendar calculation month.
Records will be sorted by the values in
spreadsheet column "H P&L Accounts" within
"column I Offset Account". Totals will be
provided for each account.
A Journal Voucher and General Ledger posting
file will also be created.
This report can also provide Costs, Premium and
Discount totals by general ledger accounts at
any time.
(after the report is produced, click "Escape" to
cancel Journal Voucher processing).
2) Monthly
Posting: Accrued Interest Report. Followed with
Journal Voucher then General Ledger Posting
file.
Column A code D: Requires values in Debt columns
J Payment Due Date and K Payment Frequency.
The system determines the amount of Debt
interest to accrue for the selected dropdown
Calendar month. Also provides "Total Accrued"
for balancing to payable accounts.
Records will be sorted by the Debt record values
in column L Interest Accrual P&L Account and
column M Interest Accrual Offset Account. Totals
will be provided for each account. A Journal
Voucher and General Ledger posting file will
also be created.
The report consists of records with a Begin Date
equal to or earlier than the dropdown Calendar
month. Records which have finalized in or prior
to the Calendar month will be excluded.
The Accrued Interest report and Accrued Interest
Reversal report (below) eliminate the need to
reconcile Interest Payable accounts each month.
Simply post cash interest payments to an expense
account. The system will "undo" previous
accruals in an Interest payment month.
3) Monthly
Posting: Accrued Interest Reversal Report.
Followed with Journal Voucher then General
Ledger Posting file.
Column A code D: Requires values in Debt columns
J Payment Due Date and K Payment Frequency.
The system determines the amount of accrued
interest to reverse for records with an Interest
Payment date during the selected dropdown
Calendar month.
Subtotals are provided based on values in
spreadsheet column T.
Reversal amounts consist of accrued interest
previously posted by the system for ALL prior
months (since the prior Interest payment month).
The system calculates running accrual for Debt
through the preceding month to determine the
amount to reverse (do not delete a Debt record
from the spreadsheet until after running this
report).
Records will be sorted by the Debt record values
in spreadsheet column L Interest Accrual P&L
Account and column M Interest Accrual Offset
Account. Totals will be provided for each
account. A Journal Voucher and General Ledger
posting file will also be created.
The report consists of Debt records with a Begin
Date equal to or earlier than the calendar
month. Records which have finalized, such as
matured, in months PRIOR to the calendar month
will be excluded.
4) Debt
Balancing Report. Book Value and NPV Balances.
Subtotals by Debt column H account OR "N"
records Offset account column I.
Codes D and N: Subtotals within Debt column H
general ledger account or "N" code Premium and
Discount records column I.
Original and current balances for Debt, Premium
and Discount balances and NPV Book Values.
This report is typically used to balance Book
Values when Premiums and Discounts are involved.
Set dropdown Calendar date to any month. Set
Months to Calculate to a value of 1 through 60
months to obtain future projection results.
5) Summary
Report: Debt with Costs.
Column A codes D and C: Original and current
balances for Debt plus all Costs. Subtotals for
each Debt record.
Option to run as "Cost Totals only" which
combines Costs on a single line for each Debt
record.
If Costs exist, separate rows for Debt and total
Costs amounts will be provided.
Note: Code N Premium and Discount records are
excluded from this report.
Set dropdown Calendar date to any month. Set
Months to Calculate to a value of 1 through 60
months to obtain future projection results.
6) Summary
Report: Debt with Costs, Discounts, Premiums,
Net Proceeds.
Column A codes D, N and C: Original and current
balances for Debt, premiums, discount and all
Costs. Subtotals for each Debt record.
If Costs, Premiums or Discounts exist, separate
rows for Debt and those total amounts will be
provided.
If Premiums or Discounts involved, also provides
Costs related to Net Proceeds (cash received).
Set dropdown Calendar date to any month. Set
Months to Calculate to a value of 1 through 60
months to obtain future projection results.
7) Cash
Outflow Projection Report: Interest payments
plus Debt reductions for the reporting period.
Cash Outflow Projection for interest payable,
interim Debt and maturing reductions and
remaining Debt balance at end period.
Set dropdown Calendar month to Beginning month.
Set "Number of Months" to calculate from 1 to 60
months.
Records having a zero Debt balance at beginning
of period will be excluded.
8) Matured
Records Report showing Debt record balances that
dropped to zero during the reporting period.
Debt records which matured or otherwise paid off
during the reporting period.
Similar to "Cash Outflow Projection report" but
includes only records where Debt dropped to zero
within the period.
9) Interest
Payable Report for Debt records having an
interest payment due this month.
Debt records having an interest payment this
month.
Similar to "Accrued Interest Report" but
includes only records having an interest payment
due.
There are no general ledger postings involved.
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Prices
12 Month License
to operate the software on a PC or
network sharing system..
Prices Include software
support with
• Future software enhancements at no charge
• 1-800 telephone support (continental US)
• Email support
• Reduced charges for any custom modifications
• Free software replacement in event of
a loss
Yearly license WITH Interest
Accrual and Reversal postings
$1,295.00
Yearly license WITHOUT Interest
Accrual and Reversal postings
$995.00
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Licensing
Agreement
Customer
(defined as the company, organization, individual or other entity ordering this software)
understands and
agrees that
Seller
(Financial Data
Support Systems,
Inc.) is
granting
Customer a
non-exclusive
license to use
the above named
Software System
on a computer or
networked
computers as a
Single
Installation
system. Single
Installation
means that
Customer will
install the
Software System
no more than
once onto
Customer's
computer,
networked
computers, other
servers or disk
drives unless
Customer has
received written
permission from
Seller and paid
Seller for this
Multiple
Installation
privilege.
Importing Excel through browse and open and exporting to
Excel.: Requires
Microsoft Access Database OLEDB 32 bit which, if not already
installed, is available at no charge.
Currently, Microsoft's OLEDB provider is available in a
64 bit and 32 bit version although, per
our own testing, the 64 bit is unreliable. And,
the 32 bit version available through Microsoft should NOT
be downloaded because it may or may not be installable
on certain Windows configurations. The software
requires, and we can provide a previous version of the
32 bit OLEDB at no charge.
Networks:
When licensed
for and
installed on a
network,
multiple
workstations may
be granted
access to the
software. In
such case, if
data files are
in the process
of being updated
by one
workstation,
another
workstation
attempting to
perform updating
will be provided
a message
indicating the
update process
is currently in
use and will
have to wait
until the update
process by the
first
workstation has
been completed.
Customer further
acknowledges
that the
Software System
is a valuable
trade secret
property of
Seller and, in
addition, is
subject to
copyright laws.
Customer agrees
not to
duplicate, copy
or make
available to
other parties
any part of the
Software System
except as
necessary for
normal business
operations, such
as creating
back-up copies.
Confidentiality: Customer and Seller recognize
that in the course of their discussions it may be
necessary for either or both to disclose to the other
certain Confidential Information. Each Party agrees to
treat any and all discussions as confidential and, in
the absence of a signed Non-Disclosure Agreement, to
treat shared information as if there was an industry
standard Non-Disclosure Agreement in effect.
Software
Support
Software support includes:
1-800 telephone support (continental US).
Email support.
Custom programming at a reduced rate.
Free software replacement in the event of a loss.
Operating
Systems
Software developed within Microsoft's .NET Framework for Windows® on a computer, laptop and multiple
users on a network sharing system
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Financial Data Support Systems, Inc.