Books for your loan business, built from the loans themselves.

A general ledger, not a summary sheet

PML includes a chart of accounts, journal entries, and a general ledger. Loan activity posts to it, and you can add manual journal entries for anything that happens outside a loan. Receivables and payables views foot back to the trial balance.

Financial statements from posted entries

The profit & loss statement and balance sheet are built from posted entries, so what you show a partner or your CPA comes from the same records that drive servicing. A twelve-month view lets you see the year by month.

Accrual reports follow the posted books. Cash reports follow actual payments, so a bill and its later payment are not treated as two cash expenses. Operational cash flow is a separate tool. The Cash Flow page shows immediate cash available after reserves and pipeline commitments and projects it forward — the view you use to decide whether you can fund the next deal.

Reconcile, close, and keep a record

Bank reconciliation matches your bank activity against the ledger. When a month is done, you close it; if something needs to change, it can be reopened and closed again, and both actions are limited to the people with the right permissions. The Accounting role lets a bookkeeper work the books without full org-admin rights.

The Audit Log keeps a trail of changes, so you can see who did what and when.

• Chart of accounts and journal entries
• P&L and balance sheet from posted entries
• Trial balance, receivables, and payables
• Bank reconciliation
• Month close and reopen, permission-controlled
• Audit Log

Expenses, checks, and fees

Record operating expenses and checks in the ledger instead of a separate spreadsheet. Payoff wire fees are tracked on the payoff, and late fees, default interest, and doc prep show up in your earnings by category.