Debt, interest, and DIC under ASU 2015-03.

Loans with amortization schedules, debt issuance cost capitalization (ASU 2015-03), effective interest and straight-line DIC, and early-extinguishment handling with DIC write-off. Interest expense auto-posted via SmartGL.

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Loans

Schedule. Interest. DIC.

Capture loan terms, build the amortization schedule, and Quoining posts monthly interest via SmartGL. Debt issuance costs capitalize per ASU 2015-03 against the note balance with effective interest or straight-line amortization.

Loan tracking with full amortization.
ASU 2015-03 DIC capitalization.
Effective interest and straight-line methods.
Auto-posted interest expense.

Extinguishment

Early payoff with DIC write-off.

Early extinguishment posts the remaining DIC to expense and clears the note balance. Gain or loss on extinguishment posts to the configured GL account.

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See debt & interest in a guided demo.

Walk through the workflow with our team. We'll show how it fits your books and answer questions on plan fit, migration, and rollout.

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Questions

About debt & interest.

Which plan includes debt and interest?

Growth and Enterprise.

Other capabilities to look at.

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Fixed assets

Fixed assets & depreciation

Asset register with depreciation schedules. Straight-line and accelerated methods. Monthly depreciation auto-posted. Disposal and intangible amortization included.

Automation

SmartGL automation

Automation woven into the ledger. SmartGL drafts the work; a human with the right permission reviews and posts. Nothing is silently auto-posted.

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