Tick off a loan repayment
Mark an instalment paid, or record a different amount, so principal and interest each land in the right place.
- Open Business → Loans & Grants and tap the loan.
- Paid the instalment as scheduled? Tap the tick beside it. It is marked paid today.
- Paid a different amount, or on another day? Tap Record a repayment: it opens the next instalment for you to change the principal, the interest, the date and how you paid.
- Do not record the repayment as an expense. Famu adds the interest to your farm costs for you; the principal is money going back.