how do I
Rob Brown-Bayliss
on_the_net@clear.net.nz
04 Dec 2001 14:15:26 +1300
Hi,
How do I deal with my mortgage payment correctly?
At the moment, I have several account's. Of interest are obviously the
checking account (asset) where the payments come from, the Mortgage
account (Liability) and I have an expense account called Mortgage
interest.
When the payments come from teh checking (my bank takes two) I have the
principle payment sent to teh liablity account, and the interest to teh
expense account.
The problem is that as I see it the principle is an expense as well and
I am not seeing it as an expense in gnucash.
So I have an expnse for the mortgage showing 3100, but I have made
payments of 3800. I believe all accounts are set coirectly, but when I
do a report I would like to see teh full 3800 I have payed.
Thanks
--
Rob Brown-Bayliss
---======o======---