Lendfy Core Reporting and accounting

Loan portfolio reporting
that reconciles by construction

Every balance derives from one append only ledger, so operations, accounting, and the examiner are reading the same arithmetic rather than three exports that disagree.

$486,210principal outstanding
412open loans
$18,404interest accrued MTD

One arithmetic, three audiences

A report is only as trustworthy as the thing it reads. Because Lendfy derives every figure from the same append only entries, the operational dashboard, the accounting export, and the audit answer cannot drift apart, since there is only one source to drift from.

Corrections are reversals and adjustments, never edits, so a report run today for last quarter returns exactly what it returned then.

0
destructive edits in the ledger

Money is integer cents from the schema up. No floating point rounding creeps into a balance, a fee calculation, or a year end total.

100%
integer cent money math

Anything you can read on a screen you can export, and anything you can export you can also pull from the public API on a schedule.

1
path from screen to export to API
What comes out of it

Reports the floor uses and accounting accepts

Portfolio and delinquency

Balances, buckets, and roll rates at store and portfolio level, computed in your timezone from the real schedule.

Vintage performance

How each origination cohort actually paid, so a product change can be judged on outcomes rather than opinions.

Transaction register

Every entry with its actor, timestamp, and reason, filterable and exportable, which is what an examination actually asks for.

GL mapping and export

Map ledger entry types onto your chart of accounts per tenant, then export on a cadence your bookkeeper already keeps.

Immutable audit log

Who did what, when, with the before and after and the reason. Never editable, never write only, always exportable.

Scheduled and programmatic

Run a report from the console, on a schedule, or straight from the API, and receive events when a run completes.

The ledger

Balances are derived, never maintained

A stored balance is a claim. A derived balance is a calculation you can repeat in front of anyone. Lendfy keeps the entries and computes the rest, which is what makes a dispute answerable and an audit an export.

Every cent traces to an entry

And every entry to an actor, a timestamp, and a reason recorded at the moment it happened.

History that cannot be rewritten

Corrections append. Nothing is edited away, so last year's report still says what it said last year.

Day math in your timezone

Cutoffs and day boundaries land where you lend, so a month end closes on your midnight and not the server's.

The Lendfy standard
GL export preview period to dateMapped
4010Interest incomefrom accrual entries$18,404.12
4020Fee incomewithin program caps$6,215.00
1200Loans receivableprincipal outstanding$486,210.44
5100Charge offsfrom writeoff entries$3,920.00
TIEExport ties to the ledgersame entries, same arithmeticBalanced

Close the month without a reconciliation

Bring the report your accountant argues with. We will show you the entries underneath it and where the disagreement comes from.

demo@lendfy.io. We reply within one business day.