Loans

What Loans are for

Loans let you plan a piece of debt properly instead of hand-typing balances and interest month by month. Pick how the loan behaves — a manual schedule, an annuity (equal instalments), or PIK (interest accrues and is repaid at maturity) — and statycs builds the balance, the periodic change, and the interest expense for you, keeping the Balance Sheet and the P&L in step.

TL;DR

On a Balance-sheet Financial-liabilities line, set the method to interest-bearing to open the loan modal. Choose Manual / Annuity / PIK, enter the principal, rate, and term, and statycs injects the loan’s balance/change/interest-rate rows and mirrors an interest expense under Net interest.

How Loans work

A loan lives on a Level 2 position under Financial liabilities in the Balance Sheet. Open the method picker on that position and choose interest-bearing — this opens the two-step loan modal.

Step 1 — type. Pick how the loan amortizes:

  • Manual — you set the opening balance and the periodic change yourself; statycs still computes interest from the running balance.
  • Annuity — equal total instalments over a fixed term; principal and interest are split automatically each period.
  • PIK (payment-in-kind) — interest accrues onto the balance and the whole thing is repaid as a bullet at maturity; there is no periodic cadence.

Step 2 — configuration. Fill in the loan’s terms:

  • Existing vs New — is this a loan already on the books, or one drawn down during the plan? New loans ask for a drawdown month.
  • Name — auto-suggested from the position, editable.
  • Linked interest line — the P&L Level 2 the interest expense posts to (defaults to Net interest).
  • Principal / opening balance — typed in the unit and scale shown on the field.
  • Annual rate — the nominal interest rate per year.
  • Payment frequency and first-payment month — for manual and annuity loans.
  • Term (months) — for annuity loans.
  • Maturity month — for PIK loans (when the balance is repaid).

What statycs builds

Confirming the modal injects three rows under the Financial-liabilities position:

  • Loan balance — the outstanding principal each month.
  • Monthly change — drawdowns and repayments.
  • Interest rate — the rate driving the interest calculation.

statycs also mirrors an interest-expense row under the linked Net-interest position on the P&L, so the cost of the loan flows into EBIT and net income automatically. That mirrored row is managed for you and can’t be deleted directly — remove the loan to remove it.

Editing a loan

Click the pencil on the loan’s interest sub-row to reopen its settings (the loan settings modal). You can change the linked interest line, the rate, the payment frequency, the first-payment month, the term, and the maturity. The loan type and the opening balance are locked once set — to change those, remove the loan and add it again.

How the schedule is calculated

statycs previews the full amortization schedule instantly as you edit — balance, repayments, and interest for every planned month — so you can see the effect of a rate or term change right away. On save, the planning engine recomputes the schedule server-side and stores the finalized values, so the preview and the saved plan agree.

Loan values feed the rolling forecast the same way any other planned position does: the balance shows on the Balance Sheet, the interest shows on the P&L, and both flow through to Cash Flow.

  • Planning — the planning workspace loans live in
  • Planning Methods — the other ways to build a position
  • D&A & Capex — the sibling flow for fixed assets and depreciation
  • Financials — where the loan’s balance and interest appear