Fixed escrow amount

[Derek Atkins]

Tommy Trussell <tommy.trussell at gmail.com> writes:

> 1) After a short time I gave up on having the scheduled transactions
> system calculate my principal and interest amounts -- I believe it
> cannot handle things like additional principal payments, for instance,
> which I did every month (until I paid off the mortgage). What I did
> was pick a set of numbers that added up to the correct total and every
> time the mortgage company sent a statement (once a quarter) I adjusted
> the register numbers in GnuCash to reflect what the mortgage company
> calculated for principal and interest.

correct, it does not handle pre-payments.  This is a documented
limitation.  To handle pre-payment/over-payment we would need to
implement a "balance-as-of-date()" function and have some way to specify
that in the SX.

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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