Fixed escrow amount

[Abdon Gonzalez]

Ups, there is a significant typo on my last post. Where it says "I
can't find where to put the actual escrow account, I meant to say "I
can't find where to put the actual escrow amount".

I created the escrow account, but can't find a place to put the amount
that will be added to the monthly payment.

Here is a screen shot from the scheduled transactions editor:

http://www.sillypages.com/tempo/screenshot.png

Thanks a lot.

- Abdon

On Sun, May 3, 2009 at 10:41 AM, Mike or Penny Novack
<stepbystepfarm at mtdata.com> wrote:
> abdon wrote:
>
>> Good morning!
>>
>> This is getting frustrating. I have run the mortgage/loan druid dozens of
>> times and still can't figure out how to fix this.
>>
>> On the druid I check the 'utilize an escrow account for payments', get to
>> configure the accounts in and out, but for the life of me can't find where
>> to put the actual escrow account! My bank calculates the escrow once a
>> year.
>> All I need is a bloody place to say 'add $x to the monthly and chuck it
>> into
>> the escrow account'. Somehow this is not as easy as I would hope (either
>> that or I'm the better idiot sent to test the idiot proof program).
>>
>> Help pretty please?
>>
>> - abdon
>>
>>
>> My bank calculates my escrow amount once a year. Simply put; if my loan
>> monthly interest/principal payment is $1,000 a month, and escrow is
>> another
>> $200, how do I set it up so GNUCash
>>
>
> This would be an asset type account. It's just as if you had a special bank
> account into which you made periodic payments and once a year an amount of
> interest and from which were made periodic payments for taxes, fire
> insurance, etc.
>
> Michael
>
> --
> There is no possibility of social justice on a dead planet except the
> equality of the grave.
>
>



-- 
- Abdon

Abdon Gonzalez
Senior systems Engineer,
Atlas Site D technical Lead
BAE Systems IT
abdon.gonzalez at gmail.com