Debt Accounting
Drive efficiency and transparency with streamlined debt accounting workflows.
- Automate journal entry exports that include payments, accrued interest, amortizations, and year end conversion
- Automate long-term obligation disclosures for your year-end financial disclosures
- Integrate your chart of accounts and GL codes seamlessly with your debt portfolio
- Tie customizable general ledger formats directly to debt series allocations
Treasury teams have a serious data management challenge.
We hear it all the time:
“We have no single source of information.”
“Turnover in key roles is creating serious risk.”
“Our lack of visibility into our data stops us from being strategic.”
But with DebtBook, data can go from being your biggest pain point to your best weapon.
Streamlined debt reporting for greater financial clarity
DebtBook’s Debt Accounting feature empowers treasury and finance teams to achieve enhanced financial visibility, accuracy, and efficiency by automating complex debt accounting calculations and tasks.
Designed specifically to tackle today's treasury challenges, Debt Accounting helps enable strong financial outcomes, reduces risks, and frees your team to focus on strategic initiatives.
What you get with Debt Accounting:
Enhanced Financial Visibility
Quickly allocate debt service schedules across any number of dimensions (fund, department, project, etc.), enabling teams to access accurate and up-to-date information in the format they need to best utilize the information.
Streamlined Journal Entries
Automatically generate accurate journal entries (payments, accrued interest, amortizations, and year end conversion) for any time period on both modified and full accrual bases, saving significant time and reducing errors.
Simplified GL & Chart of Accounts Integration
Leverage a debt-specific chart of accounts with customizable formats, ensuring alignment with existing reporting, accuracy, faster reconciliations, and reducing compliance risk.
Automated Premium/Discount Amortization
Automatically calculate and generate amortization schedules for original issue premium/discount using flexible methodologies, including effective interest rate and straight-line, ensuring precise financial tracking and reporting accuracy.
Strengthen your debt management
capabilities with Debt Accounting
DEBT MANAGEMENT PLATFORM
Filter views of your portfolio so you can easily analyze your outstanding par across type, purpose, and fund
Simplified continuing disclosure management via automatic notifications and streamlined workflows
Refunding tracking that builds a true lineage of every bond issue in your debt portfolio
Automated financial reporting with exports, charts, and summaries compatible with Excel
Historical and future loan tracking to let you easily see the lifetime of a loan
Schedule creation functionality that lets you generate and store valid amortizations, payments, and outstanding debt schedules.
Filter views of your portfolio so you can easily analyze your outstanding par across type, purpose, and fund
WITH DEBT ACCOUNTING
Comprehensive journal entry exports that include payments, accrued interest, and amortizations
Automated long-term obligation disclosure of your year-end financial disclosures
Chart of accounts and GL codes seamlessly integrated with your debt portfolio
Customizeable general ledger formats directly tied to debt series allocations
Unlimited customized financial dimensions for easy debt service allocation
See what you can do with a modern debt management solution
Debt Accounting is just one feature of our extensive, purpose-built Debt Management solution. Here’s what else you can do with DebtBook:
See how DebtBook’s Sizing feature allows you to analyze structuring options directly within DebtBook.
Simplify continuing disclosure management via automatic notifications and streamlined workflows.
Ensure the appropriate amounts are paid to the appropriate parties, eliminating the risk of fraud or bank error.
Make the tracking and managing of even daily reset rates an automated, streamlined process.
Centralize and track project related information including spending and private use data.
Why should I partner with DebtBook?
At DebtBook, we've worked hard to establish ourselves as the industry leader in government and non-profit treasury management by delivering world-class solutions that have changed the way teams work.
We believe we stand apart from the competition and are committed to being a trusted partner to you with staying power.
- The only cloud-based platform designed specifically for government and nonprofit teams
- Over 2,100 customers
- 140+ employees
- SOC 1 & 2 data integrity and security compliance and single sign-on functionality
- Built by government and nonprofit finance professionals
