Loan/Notes Payable Software

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#1
dil  
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2
Joined:
10-Apr-2021 10:47pm
Location:
California
Is anyone aware of a software that can handle multiple notes payables? I have a trucking client that owns 200+ trucks/trailers and most of those assets are financed. They need to keep track of the loan amortizations, current loan balances and generate debt schedules. They use QuickBooks Online, and it does not have this functionality. I can use Excel or TValue to create amortization schedules, but they are not the ideal solution for a large number of loans.
 

#2
ATSMAN  
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2094
Joined:
31-May-2014 8:34pm
Location:
MA
I have a trucking client with 5 rigs and a few delivery vans and they use a cloud based Fleet management software (I think it is called Fleet Rock), to manage the financing, maintenance, etc of their fleet. I get from them consolidated reports for tax purpose that shows the interest paid and other charges etc.

I am assuming your client with 200+ trucks must be using some fleet management software.
 

#3
Posts:
1174
Joined:
21-Apr-2014 7:09pm
Location:
NC
From a tax/ accounting perspective, I still use TVAL which is outstanding

It is an amortization program on steroids.... not sure it will be exactly what you need.

I’ve used it to capitalize leases where we don’t know the interest rate etc....
 

#4
wel  
Posts:
116
Joined:
3-Sep-2016 4:29am
Location:
USA
TValue is the best product that I'm aware of for this.
 


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