Create a loan or mortgage To add one you need to create a recurring expense from the Finance section or import a schedule payment file. If you create a recurring expense of the type “loan or mortgage”, you can choose the automatic calculation of the schedule payment file. You have to enter: The start and end date, The total amount, The interest rate, The insurance rate. You can visualise your schedule payment file before validating this expense. If your file does not correspond, the only solution will be importing it directly. Change or stop a loan To change the monthly Read more
Create a recurring payment You can create a recurring payment in the Finance section, Add an expense. Choisissez le type, la fréquence, la date de début et de la fin, puis cliquez sur Sauvegarder. Edit a recurring payment If you need to edit a recurrent payment, identify the last payment generated in Finance, edit it and Save. This change will apply to all future payments, however all the past payment already generated will have to be edit manually one by one.
Certain expenses are deductible from taxes. The amortization corresponds to the property value loss for a given period of time. This loss amount can be deducted from taxes annually. You can create an amortization from the Finance section. Click on Add an expense, choose the Deductible charge type: amortization expense, choose the duration and then Save. Example For a sofa bed which costs 3600£ and has an average lifetime of 12 years, it is possible to amortise 300£ every year. This amount is deducted from the revenue.
In this section you will find your loans and mortgages, as well as your schedule payments. You can do the following: Create a loan or a mortgage (import a schedule payment), Delete a loan or a mortgage. You can also create an expense of the type loan from the Finance section. You can find the loan or mortgage in this section. You can filter the recorded data by different criteria (landlord, property, loan, year). You can export your recorded data using the Export action button on the bottom of the chart.