diff --git a/src/core/note.ts b/src/core/note.ts
index 48e5796..3257c73 100644
--- a/src/core/note.ts
+++ b/src/core/note.ts
@@ -1,4 +1,5 @@
-import { STATUSES, type Status, type VoiceRecord } from './record';
+import { formatDuration, formatLocalTime } from './naming';
+import { MAX_ATTEMPTS, NO_SPEECH, STATUSES, type Status, type VoiceRecord } from './record';
 
 // Порядок, в котором ключи появляются в новой заметке.
 export const VOICE_KEYS = [
@@ -141,3 +142,55 @@ export function patchFrontmatter(content: string, fields: Record<string, string
   }
   return lines.join('\n');
 }
+
+export const MARKER_END = '%%/voice-note%%';
+export const markerStart = (id: string) => `%%voice-note:${id}%%`;
+
+export function statusLine(r: VoiceRecord): string {
+  switch (r.status) {
+    case 'retry': {
+      const at = r.nextAttempt ? formatLocalTime(r.nextAttempt) : '—';
+      return `> [!info] Не удалось отправить, повтор в ${at} (попытка ${r.attempts}/${MAX_ATTEMPTS})`;
+    }
+    case 'failed': {
+      if (r.error === NO_SPEECH) return '> [!info] В записи не распознано речи';
+      const reason = (r.error ?? 'неизвестная причина').replace(/\s+/g, ' ').trim();
+      return `> [!warning] Не распознано: ${reason}. Команда «Повторить распознавание»`;
+    }
+    default:
+      return '> [!info] Распознаётся…';
+  }
+}
+
+function region(r: VoiceRecord): string {
+  return `${markerStart(r.id)}\n${statusLine(r)}\n${MARKER_END}`;
+}
+
+export function initialNote(record: VoiceRecord, durationMs: number): string {
+  const interrupted = record.interrupted
+    ? `> [!note] Запись прервана, сохранено ${formatDuration(durationMs)}\n\n`
+    : '';
+  return (
+    patchFrontmatter('', recordToFields(record)) +
+    `![[${record.audio}]]\n\n${interrupted}${region(record)}\n`
+  );
+}
+
+// Обновляет frontmatter и управляемую область одной операцией.
+// Склейка через slice, не String.replace: в транскрипте могут быть $&, $' и т.п.
+export function renderNote(content: string, record: VoiceRecord, text?: string): string {
+  if (record.status === 'inserted' && readVoiceFields(content)['voice-status'] === 'inserted') {
+    return content;
+  }
+  const patched = patchFrontmatter(content, recordToFields(record));
+  const start = patched.indexOf(markerStart(record.id));
+  const end = start === -1 ? -1 : patched.indexOf(MARKER_END, start);
+
+  if (record.status === 'inserted') {
+    const body = (text ?? '').trim();
+    if (end === -1) return `${patched.replace(/\s+$/, '')}\n\n${body}\n`;
+    return patched.slice(0, start) + body + patched.slice(end + MARKER_END.length);
+  }
+  if (end === -1) return patched;
+  return patched.slice(0, start) + region(record) + patched.slice(end + MARKER_END.length);
+}
diff --git a/tests/note-body.test.ts b/tests/note-body.test.ts
new file mode 100644
index 0000000..9f07a94
--- /dev/null
+++ b/tests/note-body.test.ts
@@ -0,0 +1,108 @@
+import { describe, expect, it } from 'vitest';
+import { initialNote, readVoiceFields, renderNote } from '../src/core/note';
+import { NO_SPEECH, type VoiceRecord } from '../src/core/record';
+
+const saved: VoiceRecord = {
+  id: '20260927-111503-0000',
+  status: 'saved',
+  device: 'd1',
+  audio: 'voice/source/20260927-111503-0000.m4a',
+  mime: 'audio/mp4',
+  attempts: 0,
+};
+const FM =
+  '---\n' +
+  'voice-id: "20260927-111503-0000"\n' +
+  'voice-status: "saved"\n' +
+  'voice-device: "d1"\n' +
+  'voice-audio: "[[voice/source/20260927-111503-0000.m4a]]"\n' +
+  'voice-mime: "audio/mp4"\n' +
+  'voice-attempts: 0\n' +
+  '---\n';
+const REGION = '%%voice-note:20260927-111503-0000%%\n> [!info] Распознаётся…\n%%/voice-note%%\n';
+
+const inserted: VoiceRecord = { ...saved, status: 'inserted' };
+
+describe('initialNote', () => {
+  it('builds frontmatter, embed and status region', () => {
+    expect(initialNote(saved, 47_000)).toBe(`${FM}![[voice/source/20260927-111503-0000.m4a]]\n\n${REGION}`);
+  });
+
+  it('adds interrupted line above the region', () => {
+    const note = initialNote({ ...saved, interrupted: true }, 47_000);
+    expect(note).toContain('voice-interrupted: true\n---\n');
+    expect(note).toContain(
+      '![[voice/source/20260927-111503-0000.m4a]]\n\n> [!note] Запись прервана, сохранено 0:47\n\n%%voice-note:',
+    );
+  });
+});
+
+describe('renderNote: status region', () => {
+  it('retry shows local time and attempt', () => {
+    const r: VoiceRecord = { ...saved, status: 'retry', attempts: 2, nextAttempt: '2026-09-27T11:17:03.000Z', error: 't' };
+    const out = renderNote(initialNote(saved, 0), r);
+    expect(out).toContain('> [!info] Не удалось отправить, повтор в 14:17 (попытка 2/5)\n');
+    expect(out).not.toContain('Распознаётся');
+    expect(readVoiceFields(out)['voice-status']).toBe('retry');
+  });
+
+  it('failed shows reason and the command', () => {
+    const out = renderNote(initialNote(saved, 0), { ...saved, status: 'failed', attempts: 1, error: '401 Unauthorized' });
+    expect(out).toContain('> [!warning] Не распознано: 401 Unauthorized. Команда «Повторить распознавание»\n');
+  });
+
+  it('no-speech is not an error', () => {
+    const out = renderNote(initialNote(saved, 0), { ...saved, status: 'failed', attempts: 1, error: NO_SPEECH });
+    expect(out).toContain('> [!info] В записи не распознано речи\n');
+    expect(out).not.toMatch(/ошибк|Не распознано:|Повторить/);
+  });
+
+  it('collapses multi-line error into one callout line', () => {
+    const out = renderNote(initialNote(saved, 0), { ...saved, status: 'failed', attempts: 1, error: 'a\n\nb' });
+    expect(out).toContain('> [!warning] Не распознано: a b. Команда');
+  });
+
+  it('without markers updates frontmatter only', () => {
+    const content = `${FM}моя заметка\n`;
+    const out = renderNote(content, { ...saved, status: 'sent', sentAt: 'x' });
+    expect(out).toBe(content.replace('voice-status: "saved"', 'voice-status: "sent"').replace('voice-attempts: 0\n', 'voice-attempts: 0\nvoice-sent-at: "x"\n'));
+  });
+});
+
+describe('renderNote: transcript', () => {
+  it('replaces the region and keeps user text around it', () => {
+    const content = `${initialNote(saved, 0)}купить молоко\n`;
+    expect(renderNote(content, inserted, '  Привет, мир.\n')).toBe(
+      `${FM.replace('"saved"', '"inserted"')}![[voice/source/20260927-111503-0000.m4a]]\n\nПривет, мир.\nкупить молоко\n`,
+    );
+  });
+
+  it('keeps the interrupted line', () => {
+    const r = { ...saved, interrupted: true };
+    const out = renderNote(initialNote(r, 47_000), { ...r, status: 'inserted' }, 'текст');
+    expect(out).toContain('> [!note] Запись прервана, сохранено 0:47\n\nтекст\n');
+  });
+
+  it('appends at the end when markers were removed', () => {
+    const content = `${FM}заметка без маркеров\n\n\n`;
+    expect(renderNote(content, inserted, 'текст')).toBe(
+      `${FM.replace('"saved"', '"inserted"')}заметка без маркеров\n\nтекст\n`,
+    );
+  });
+
+  it('is a no-op when already inserted', () => {
+    const once = renderNote(initialNote(saved, 0), inserted, 'первый');
+    expect(renderNote(once, inserted, 'второй')).toBe(once);
+  });
+
+  it('inserts special replacement patterns verbatim', () => {
+    const text = "цена $& и $' и $1 и %%voice-note%% и ---";
+    expect(renderNote(initialNote(saved, 0), inserted, text)).toContain(`\n\n${text}\n`);
+  });
+
+  it('keeps user properties in place', () => {
+    const content = initialNote(saved, 0).replace('---\nvoice-id', '---\ntags: [idea]\nvoice-id');
+    const out = renderNote(content, inserted, 'x');
+    expect(out.startsWith('---\ntags: [idea]\nvoice-id: "20260927-111503-0000"\nvoice-status: "inserted"\n')).toBe(true);
+  });
+});