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Debt & loans

Track loans you owe and money owed to you, see your debt-free date and plan the fastest way out.

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Step by step

1. Open Debt & Loans

   The Overview shows your total debt, what is due this month and your estimated debt-free date.

   

2. Add a debt

   Click Add debt and enter who it is with, how much is left and what you pay. Add interest and dates for a sharper forecast.

   

3. Record payments

   Open a debt to record a repayment. ProfitSync splits it into principal and interest so your expenses stay honest.

   

4. Automate repayments

   Link a recurring repayment and each instalment is recorded on its due date.

5. Plan your way out

   The Plan tab compares strategies like avalanche and snowball, and the Upcoming tab lists every payment ahead.

   

Good to know

• Money you lent to someone can be tracked too — choose “Owed to me”.
• Borrowed money arriving in your bank is a transfer, never income.

Related guides

• Banks & accounts
• Debit & credit cards
• Spaces (savings goals)

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