Read a borrower’s balances without double counting
Distinguish principal, accrued interest, due interest, capitalised interest, paid amounts and borrower credit in the borrower notebook.
Choose the borrower and date
Open Borrowers, select the borrower, then check the displayed as-of date. Select View lender when you need one legal lender’s book. Each currency has separate totals.
Read the five outstanding components
Principal outstanding is unpaid original cash principal. Accrued interest is earned but not yet due. Due interest is already payable. Capitalised interest is interest explicitly added under the agreement. Charges are shown separately.
Separate outstanding debt from history
Interest paid and principal repaid show what has already been collected. Waived interest is separate history. Do not add paid or waived amounts to the outstanding balance. Capitalised interest appears once in the total.
Keep borrower credit separate
Expand Unapplied credit by lender. Credit is cash received that has not been allocated to a loan. It is not automatically subtracted from another lender’s debt or counted as interest income.
Inspect individual loans
Use All loans to inspect each independent agreement, current rate, status and next due date. Currently payable can differ from total outstanding because not every outstanding component is due now.
Verify with a statement
Choose Download borrower statement and compare the same date, lender filter and currency. Future-dated movements do not affect earlier balances. Do not compare totals from different dates or scopes.
Check your result
- Each currency reconciles independently.
- Paid and waived amounts are excluded from debt.
- Unapplied credit and capitalised interest are not counted twice.