Q RE Loan Payments & Interest

Don Ireland gnucash at donireland.com
Sat Apr 30 23:16:33 EDT 2016


Ok thanks. I saw the loan payment tool and thought that MIGHT help but it doesn't seem to. 

On April 30, 2016 5:01:50 PM CDT, Dave H <hellvee at gmail.com> wrote:
>Don,
>
>I have the same situation on a loan with a monthly repayment where I'm
>never sure exactly what the interest amount is, I do know the
>approximate
>amount but it depends on how many days there are in the month the
>interest
>is charged for.  I just set up a monthly scheduled transaction and
>update
>it when the interest amount is known to me.
>
>Cheers Dave H.
>
>On 30 April 2016 at 23:27, Don Ireland <gnucash at donireland.com> wrote:
>
>> How can I set up gnuCash to deal with loan payments?  A portion of
>each
>> payment is interest and a portion is principle -- but the ratio of
>the two
>> of course changes monthly.  Is there a way to have this done as a
>scheduled
>> transaction?
>>
>> --
>> Don Ireland
>>
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Don Ireland


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