Bills, expenses and payments — with approval where it counts.
Pay the lawyer, the appraiser and the office rent from the same system that runs your loans. Bills post to accounts payable, payments come only from operating accounts and larger payments need a second approver.
Step by step
- Enter the billVendor, invoice number, lines by expense account and the invoice attached.
- It posts to A/PDue dates from the vendor's terms.
- Pay itIn full or in part, from an operating account — never from trust.
- Approve if requiredPayments above your threshold need a second person.
What changes
- Expenses in the same books as the loans
- Controls on larger payments
- Know what you owe at any time
Used by
- Accountants
- Office managers
Capabilities
Vendors
Default expense accounts and payment terms.
Bills and quick expenses
With attachments and draft status.
Partial payments
Overpayments refused with a clear message.
Approval thresholds
By bill total, cumulative and per vendor per day.
A/P aging
Tied to the accounts payable balance.
Vendor statements
Bills and payments per vendor.
Questions about payables & expenses
Can bills be paid from trust?
No. Bills are paid from operating accounts only.
Works together with
General ledger
A full general ledger for private lenders: chart of accounts, automatic postings from servicing and trust, manual journals with approval and reversals instead of edits.
Learn more →Operating bank reconciliation
Import operating bank statements, match lines to journals automatically, create journals from bank lines and sign off a monthly two-way reconciliation.
Learn more →Financial statements & close
Trial balance, profit and loss on an accrual or cash basis, balance sheet, cash flow and GL detail with comparatives, plus a period-close checklist and year-end close.
Learn more →See your loan book in Amortivo.
A 30-minute walkthrough with your own scenarios — origination to investor payout.