Liabilities: loans, hire purchase and other money owed
Ltd Company · Loans & balances owed
Not every debt arrives through your bank. Add loans, hire purchase agreements and other amounts you owe, and Statemint keeps the balance up to date, taking repayments off automatically when they appear on your statements.
What you can do
- Add a liability step by step with name, kind, opening balance and date
- Update the current balance as things change
- Take loan repayments off the balance automatically, or switch that off
- See what is still owed in your balance sheet
- Include liabilities in your trial balance and disclosure notes
Who it's for
Available to limited companies. Limited companies
Included in your plan
Every plan includes every feature for its business type, so Liabilities is part of your plan. See pricing.
Related features
TransactionsBrowse & categoriseBalance SheetAssets, liabilities & equityTrial BalanceDebits & credits by accountDisclosure ChecklistFRS 102 Section 1A notesYear-end ChecklistLock & sign off the year
More Ltd Company features · All features