Assets and liabilities

A Fixed Assets project tracks things no bank statement ever reports: real estate, vehicles, private company stock, and the loans against them — all entered by hand.

Adding an asset

Use Add Asset to record a name, type, and value. For real estate, adding an address unlocks a one-click Zillow lookup that suggests a current value estimate for you to review and accept.

Every asset keeps a history of its value over time, which you can expand and edit, so changes are tracked rather than overwriting a single number.

Adding a liability

Use Add Liability to record a loan against an asset: the lender, loan amount, loan date, interest rate, and payment amount and frequency. If you don't know the payment amount, a Calculate payment button derives it from the loan amount, rate, and term.

Linking loan payments

When a loan payment shows up in a linked Banking + Credit Cards project or Standard Workbook, use Change link to connect that transaction to the liability it belongs to. Once linked, OrbySystems automatically figures out how much of each payment went to principal versus interest, so the payment is tracked as debt paydown rather than double-counted as ordinary spending.

For the rare payment that bundles the loan payment with something else (like escrow), use Split payment to manually specify the principal portion.

What you can see

Dashboards summarize what you own and what you owe: assets by type, equity by asset, and a debt overview across every tracked loan.