General ledger

The books of record — kept for you as the loans move.

Amortivo posts the accounting for every loan event automatically — interest billed and collected, fees, advances, write-offs and distributions — into a full general ledger with trust money kept separate.

Today

The problem

  • Every loan event re-keyed into the accounting system.
  • Interest income that doesn't match what servicing says.
  • Month-end close that depends on one person's spreadsheet.
With Amortivo

What changes

  • No re-keying between servicing and accounting
  • Income that ties to the loans
  • Month-end close with a checklist, not a scramble
General ledger journals in Amortivo
Product screen with sample data.
Features

What's included

Chart of accounts and journals

A chart built for lenders, balanced append-only journals, manual journals with approval and reversals instead of edits.

Automatic posting

Billed and collected interest, arrears interest, fees, company-funded principal, prepaid interest and month-end accruals posted as they happen.

Payables

Vendors, bills, expenses and bill payments with second-person approval above your threshold and A/P aging.

Operating bank reconciliation

Import statements, match to journals, create journals from bank lines and sign off each month.

Statements and close

Trial balance, P&L on an accrual or cash basis, balance sheet, cash flow, a period-close checklist and year-end close.

Accountant export

Monthly journals exported in QuickBooks Online or Xero layouts if your accountant keeps their own books.

FAQ

Questions about general ledger

Do we still need QuickBooks?

Not necessarily. Amortivo keeps a full general ledger and produces financial statements. If your accountant prefers their own system, export the monthly journals.

See your loan book in Amortivo.

A 30-minute walkthrough with your own scenarios — origination to investor payout.