Debt Accounting, generated from the debt data your treasury team already manages.
Generate journal entries, premium and discount amortization, and year-end disclosures — on both modified and full accrual bases — straight from the debt data your team already manages.
Trusted by finance and accounting teams at over 2,000 government and nonprofit organizations.
If this is how debt hits your general ledger today, we built this for you.
Problem #1
Every entry gets re-keyed by hand.
Treasury maintains the debt schedules. Then someone in accounting re-enters payments, accrued interest, and amortization into the general ledger every period — by hand, from a spreadsheet, hoping nothing changed since the last version. One refunding or modification, and the two copies quietly fall out of sync.
Problem #2
Year-end conversion is a fire drill.
Full-accrual conversion, premium and discount amortization, the long-term obligation note — all rebuilt under deadline, every close. The work to assemble the numbers is bigger than the numbers themselves, and the auditors are already waiting.
Problem #3
Premium and discount live in a fragile spreadsheet.
Original issue premium and discount amortization — effective interest or straight-line — maintained by hand, one tab per series, one formula away from a restatement.
The Excel spreadsheet housing all of our debt was well-constructed initially, but over time, with every update, it became unstable and clunky.
Ghazala BibiController, UNC Greensboro
What you get with Debt Accounting
From debt schedule to general ledger, in one workflow.
Journal entries
Generate accurate journal entries — payments, accrued interest, amortizations, and year-end conversion — for any period, on both modified and full accrual bases.
Debt-specific chart of accounts & GL integration
Map a debt-specific chart of accounts and your GL codes to your debt portfolio, with customizable formats that match how you already report — so entries reconcile faster and tie cleanly to your ERP.
Premium & discount amortization
Calculate and generate original issue premium and discount amortization schedules using the methodology you report under — effective interest rate or straight-line.
Long-term obligation disclosures
Produce the long-term obligation activity for your year-end financial disclosures, and allocate debt service across any number of dimensions — fund, department, project — so every number lands where it belongs.
Why Debt Accounting
One set of numbers, from schedule to disclosure.
Debt Accounting runs on the same system of record as Monetary Debt Management. The schedules and payments your treasury team manages become the journal entries, roll-forwards, and disclosures your accounting team books — with no re-keying and no second copy to reconcile. When a refunding or modification changes the portfolio, the accounting follows. And because every entry traces back to the underlying debt data and source document, your auditors can follow a number from the financial statement to the bond document without going through you.
Generated from your live debt data
Your journal entries, accrued interest, and amortization come straight from the portfolio your team already maintains — not a separate spreadsheet that has to be kept in step by hand.
Built for governmental and nonprofit accounting
Modified and full accrual bases, year-end conversion, ACFR exhibits, and the long-term obligation note — the way government and nonprofit teams actually account for debt, not a corporate sub-ledger bent to fit.
Audit-ready, every day of the year
Every entry is documented and traceable to its source. Give your auditors their own access and let them follow the trail themselves — you stop being the bottleneck.
Marty, your AI analyst
Ask Marty for the accrued interest posting through year-end, or the premium amortization on a series, and every answer links back to the underlying entry. Marty surfaces and answers — every journal entry you post requires your review and explicit approval.
In their own words
Accounting teams stopped second-guessing the numbers.
“Previously, we assumed the bank invoices were always right. With Monetary, we caught the error and corrected it. That alone saved us a substantial amount of money.”
Ghazala BibiController, UNC Greensboro
Debt Accounting is one feature of Monetary Debt Management.
From schedules and payments to disclosure and reconciliation — every debt workflow on the same platform. Here’s what else your team can do:
Sizing
Analyze new-issue structuring options directly within Monetary.
Bond Proceeds Management
Track project spending and private-use data on bond-funded projects.
Facilities
Track variable rate resets and commercial paper draws, rolls, and payoffs in one place.
Portfolio Analytics
Filter and analyze your outstanding par across type, purpose, and fund.
See your debt journal entries generated from your own portfolio.
Book a demo and we’ll show Debt Accounting on your debt — your schedules, your chart of accounts, your year-end conversion — so you can see exactly how the entries come together.
Ghazala BibiController, UNC Greensboro
