Step 1
Read loans and money owed to you
- Find Interest Balances
- Tap Debt to show the rows
- Read each relationship direction
Under Interest Balances, tap Debt to show the tracked rows.
The Debt card separates money you owe from money owed to you.
Read the relationship direction as well as the category name; a debt label alone is not enough.
Step 2
Money you owe
- Personal Loan: INR 1,50,000
- Debt card shows a negative owed balance
- Not this month's spending total
Our sample Personal Loan has one lakh fifty thousand rupees outstanding.
The Debt card shows the amount you owe with a negative sign.
It is a tracked outstanding balance, not automatically an expense of that size in the current month.
Step 3
Money someone owes you
- Money lent: INR 25,000
- Shown separately as Owed to you
- Not income until the correct activity is recorded
The sample Money lent row has twenty-five thousand rupees owed to you.
Pennie displays this separately from what you owe.
Do not treat a receivable as money already received, or combine the two directions into an assumed bank balance.
Step 4
Read rate and direction together
- You owe: sample loan direction
- 14% yearly: configured terms
- Balances depend on actual recorded movements
The sample loan row pairs You owe with fourteen percent yearly.
That rate describes configured tracking terms, not the bank's confirmation of a repayment.
Keep borrowing, repayments and interest records accurate; an EMI reminder by itself does not reduce debt.
Step 5
Check records before adding more debt
- Review saved activity and Reports
- Do not record a reminder as a payment
- Avoid duplicate borrowing or repayment
When a balance looks wrong, inspect the recorded activity and detailed Reports before adding another entry.
Distinguish new borrowing, a repayment and a reminder.
Recording the same movement twice can distort both your debt tracking and monthly spending.