For all those people who want to record every transaction on their Line of Credit, we’ve created a free Line of Credit Calculator.
This allows input of up to 1,000 transactions per property per year and generates monthly totals that can then be input into the Rental Workbook, or simply provided to your accountant.
It’s particularly useful if you use your LOC for both personal and investment purposes as it automatically splits transactions into each type and tracks the balances.
Free download from our downloads page at http://www.excelaustralia.com.au/downloads/