Help center · Transactions
How to track lending (lend money + record a repayment)
Lend = Expense + person + split. Repayment = Income + person + settle-split. Same modal.
On this page
Extrack does not have separate "Lend money" or "Repayment" buttons. To lend, create an Expense, tag the person in People, set up the split with their full share. To record a repayment, create an Income, tag the same person, set up the settle-split. Both flows use the same New transaction modal; each person's receivable lives on their per-person "Lent" account.
Steps
To lend money — create an Expense
New transaction → Expense → enter the amount you lent → pick the account the money left from (cash or bank) → tap the People field and type the person's name.
Accept the split invite
A prompt appears: "Split this expense?" Tap "Yes, set up split". The Adjust split tab opens.
Allocate the full amount to the other person
In Equally mode, uncheck the "You" checkbox so your personal share is zero and the full amount is owed by the other person. Alternatively, use By amount mode and set their share equal to the full total.
Tap Create
Money leaves your "Paid from" account; the full amount posts to the person's "{Name}'s Lent" receivable. Their People balance shows positive (they owe you).
To record a repayment — create an Income
New transaction → Income → enter the amount they paid you back → pick the account that received it ("Received into") → tag the same person in People.
Accept the settle-split invite
A prompt appears: "Settle a split?" Tap "Yes, set up split". The Adjust split tab opens with the "settle" flavor — assigning shares draws down the person's receivable.
Allocate the income against their receivable and Create
Set their share equal to the income amount. On Create, the receivable closes (their People balance moves toward zero) and the cash sits in your bank/cash account.
Same pattern, two flavours
Whether you are lending or splitting, the mechanism is the same: People + Adjust split. The kind (Expense vs Income) just decides whether the cash leaves or arrives. The receivable account ("{Name}'s Lent") opens on the first lend/split and closes via the corresponding Income + settle-split.
You can record partial repayments — set the income share equal to the partial amount. The receivable's balance decreases by that amount; the remainder stays open until next time.
Frequently asked
Does lending count as spending?
No. The amount posts to the person's receivable account, not to a category — so budgets and category Reports do not include it.
Where do I see who owes me what?
On the People page. Each person card shows their net balance (positive = owes you). Tap to see the full activity feed.
They paid me in cash — does the receiving account matter?
It matters for your cash account balance, not for the receivable. Pick the actual receiving account (cash or bank); the receivable closes regardless.
What if they never pay back?
Write off the balance: see "How to write off a person balance". The receivable closes with the loss posted as an Expense (categorise as "Gifts" or "Bad debt").
Can I lend in installments?
Yes. Each installment is its own Expense + split with that person. They roll up into one People balance.
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