With SEE Finance you can track your loan accounts such as auto, consumer, mortgage, student, small business, and other types of loans in separate accounts. When entering transactions in loan accounts, the effect on the loan's balance depends on whether the loan is an asset or a liability. For loans you give out (asset) positive transaction values increase the account's balance (and increases your net worth) and negative transaction values decrease the account's balance (and decreases your net worth). For loans you take out (liability) positive transaction values decrease the account's balance (and increases your net worth) and negative transaction values increase the account's balance (and decreases your net worth). You can choose to setup a loan account by using the built in loan schedule setup feature or you can just use the account for tracking transactions made manually or with downloads.

***Note: Many financial institutions support Direct Connect downloads for loan accounts.***

See also

Creating Loan Accounts
Setting Up Loan Accounts
Creating Accounts
Creating Accounts by Direct Connect Download
Setting Up Direct Connect Account Downloads
Editing Accounts
List of Account Topics