Marking mortgage payments as an expense
Neil
nnc at newmexico.com
Thu Jan 30 00:31:29 CST 2003
I'm a new user (great app, btw) and have noticed the same shortcoming
with the profit and loss report. I have the principle portion of my
mortgage payment paying down the liability, and in addition I have the
escrow portion (insurance and tax) going to an accrued asset account.
Is there such a thing as a 'cash flow' report (I'm not an accountant)
that captures the flow of income into liability accounts and non-liquid
asset accounts (escrow, IRAs, etc.)?
Neil Carlson <nnc at newmexico.com>
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