[mage lang="en|fr|es|cs|en" source="flickr"]loan origination fee accounting[/mage]
How do you report Loan Origination fees on the books?

What accounts are standard for this? I thought Loan fees were to be capitalized and amortized over the life of the loan.

No …. loan acquisition fees such as accountant and lawyer costs can be expensed for the year in which they are paid.

If expensing them results in a loss or contributes to a greater loss, then that loss is carried forward and offset by future profits.

Stafford student loans prompt payment of origination fees could reduce costs : report to the Chairman, Permanent Subcommittee on Investigations, Committee … U.S. Senate (SuDoc GA 1.13:HRD-92-61) …