Setting the Term of Debt Schedules

The term is the time duration over which debts are paid. Use Debt Scheduler—Term to set the start and end dates of the debt schedule.

  To set the debt schedule term:

  1. Access Debt Scheduler.

    See Defining Debt Schedules.

  2. Select Term.

  3. In StartDate, enter a date to begin debt payments.

    Default: current date

    Click the down arrow to display a calendar—select a date. The debt is issued at the end of that day. If a report is issued on the start day, the balance sheet shows debt, but calculates no interest.

    Note:

    The financial model must be in calendar time. For information, see Debt Schedule Guidelines.

  4. In EndDate, select a date by which the debt should be paid in full.

    Default: current date

    Default exception: If you enter data in Term (Years), the default end date is calculated based on the number of years.

    Click the down arrow to display a calendar—select a date. Outstanding debt balance is paid at the end of that day.

  5. Optional: In Term (Years), enter the total number of years over which to pay the debt.

    Integers only—no decimal.

    • If you manually enter a number of years, the end is calculated from the start date.

    • If you set Start Date and End Date, Strategic Finance calculates Term (Years).

    • If Start Date and End Date the same day, the term value is zero.

  6. Optional: In Days, enter the total number of days beyond the last year over which to pay the debt.

    Integers only—no decimal.

    • If a loan does not span an exact number of years, include extra days here.

    • If you enter a value manually, End Date is automatically calculated. Changes to End Date cause Days to be recalculated.

  7. Optional: Select Debt Issued in Deal Period to set End Date to the deal period of the financial model.

    Available only with Deal Periods. The .02 accounts for debt aggregate to a separate account in the Financing section of the FAS95 cash flow statement.

    Automatically selects Acquisition Related Debt.

  8. Optional: Select Acquisition Related Debt to set cash flows related to the issuance as acquisition flows instead of investing flows.

    You can have acquisition-related debt that does not start in a deal period.