Track Business Loans

Business loans are significant liabilities that affect your cash flow, balance sheet, and tax return. Each payment includes a principal portion (reducing the loan balance) and an interest portion (an expense). Tracking these components correctly is important for accurate financial reporting but tedious to do manually, especially when you have multiple loans with different terms. FiscalInsights automates loan tracking and amortization.

Set up each loan with the original amount, interest rate, term, payment frequency, and start date. FiscalInsights generates a complete amortization schedule showing every payment's split between principal and interest over the life of the loan. When you make a payment, it's automatically allocated between principal reduction and interest expense, and the loan balance updates accordingly.

The amortization schedule integrates with your cash flow forecast. Upcoming loan payments appear as expected outflows, so your cash projections are accurate. The interest expense shows up properly in your P&L, and the remaining principal balance appears as a liability on your balance sheet. For businesses with multiple loans—term loans, lines of credit, equipment financing—FiscalInsights provides a consolidated view of all debt obligations and their total carrying cost.