Loans

Amortisation schedules that split each payment into principal, interest and escrow.

Accounting → Loans.

Record the loan once — amount, rate, term, first payment date — and the schedule is built for you.

Each payment splits itself. Principal reduces the liability, interest hits expense, and escrow goes to its own account. Posting the whole payment to the loan account is the classic error: the balance sheet looks right for a while, interest expense is understated all year, and the difference only surfaces when the lender's year-end statement disagrees.

The schedule shows every future payment with its split and the balance after it, so the liability on the balance sheet can be tied to the lender's own figure at any date.

Loan payments feed the Cash flow planner automatically, since they are known amounts on known dates.

An extra or early repayment re-amortises the remainder rather than leaving the original schedule in place.