Opening balance to principal repaid to interest charged to closing balance, per loan per FY. Audit-style movement report.
For disposed/traded assets: sale value vs tax written-down value = assessable gain or deductible loss (apportioned for business use). Indicative — confirm with your accountant.
Finance interest (averaged over each linked loan's term) plus your annual running costs — registration, insurance, servicing and other. Add running costs on each asset (Edit → Running costs). Indicative — confirm with your accountant.
Recent changes to your loans and assets. Edits to tax-affecting fields (rate, depreciation method, balloon, disposal…) are recorded — an audit trail for the figures. Cloud accounts only.
Outstanding balance at a chosen date, and the interest you'd save by clearing the loan then. Break fees vary by lender — add yours if known.
Compare staying on the current loan versus refinancing the outstanding balance at a new rate and term.
Pre-purchase decision: enter each lender's offer — the rate OR the repayment (Finway derives the other) — and see which costs less over the full term. Indicative — confirm with your accountant.
Move the slider to see how a rate change flows through your variable-rate loans (fixed loans are locked). Respects the current entity filter.
Interest + fees grouped by Australian BAS quarter (Q1 Jul–Sep, Q2 Oct–Dec, Q3 Jan–Mar, Q4 Apr–Jun).
Enter the loan amount and any two of rate, repayment and term — leave the one you want to work out blank and Finway solves it.
Your country sets the default GST treatment for new finance and how tax is labelled. Finway supports Australia and New Zealand.
Used to decide what counts as “today” for renewal reminders. Daylight saving is handled automatically.
Your display name appears in the header and is recorded against your changes in the activity log — so you don't have to use your email address.
Connect Xero to reconcile your loan balances and (soon) push the interest/principal split as draft journals for your accountant. Your data stays yours — Finway never posts anything without you.
Invite someone by email to see one of your businesses. They sign in with that email and get access automatically. You choose what they can do; revoke any time. Access is enforced by the database, so they only ever see what you've shared.
Note: this shares your whole account. Sharing a single business or one loan/asset comes with first-class entities next.
Region and profile settings are stored on this device (and per person once you're signed in).
How Finway works, and the finance/tax ideas behind it. Search or browse.
Enter the exact repayment from your contract to match the lender's schedule to the cent; otherwise Finway derives it.
Interest is calculated daily, on the actual number of days in each period — the standard for AU equipment & bank finance. The repayment is flat, but the interest portion of each payment isn't simply rate ÷ 12.
What are you adding? This creates and links records in one flow.
DV rate = 200% / life; Prime cost = 100% / life. The two books run independently — one for ATO tax, one for your accounts. Indicative only; confirm with your accountant.