How to handle fixed term accounts?

[Doug Laidlaw]

It seems to me that you have to choose one or the other.  What about grouping 
them all under a sub-heading?  Then at least, you have a consolidated total 
in your Balance Sheet.  What other reports you can generate for the group as 
a whole, I am not sure.

Doug.

On Tue, 29 Jan 2008 09:20:38 am Andy Den Tandt wrote:
> Hi all,
>
>
>
> What do you suggest for handling multiple fixed term investments belonging
> to a multiple banks?
>
> Suppose e.g. I have an investment starting 1 Feb for 1000 EUR for 3 months.
> On 1 May I'll receive my 1000EUR back + interest.  But I have multiple of
> these investments spread over multiple banks (e.g. 2000 EUR starting 1
> March for 1 month; 3000 EUR starting 1 Feb for 6 months; .)
>
>
>
> I could create separate accounts for each bank and have separate
> subaccounts for each investment. That will easily keep them separate so I
> can keep track of the different end-dates. But after a while I'll have more
> empty/dead accounts than active ones.
>
>
>
> Alternatively I could handle it as one huge savings account per bank (just
> throw everything together in one account) and lose track of the individual
> parts.
>
>
>
> Neither solution looks appealing. I'm hoping that you have better
> suggestions?
>
>
>
> PS. I've also looked at lots, but as these are (for the moment) still FIFO,
> they are not up to the job (yet).
>
>
>
> PPS. And ideally, I'd love to generate reports with cashflow forecasts.
>
>
>
> Andy
>
>
>
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