Accounting for the Program

The details provided below are for informational purposes only and do not constitute formal accounting guidance. Please consult a certified accounting professional or auditor before finalizing accounting treatment.

This section provides essential guidance and resources to help your institution manage the financial accounting aspects of participating in the ModernFi Deposit Network. Here, you’ll find information on recording deposits, tracking interest accrual, and reconciling program activity with your internal financial statements. This section is designed to ensure accurate and compliant accounting practices, making it easy to stay on top of your financial reporting and audit requirements.

Below, you'll find documents outlining the main accounting considerations related to deposit networks and their associated activities to help you understand and account for your deposit network program. The Accounting Guide walks through sample transactions and explains their impact on your records, while the Call Reporting Support Guide is specifically dedicated to quarterly call reporting.