Setting up Scheduled Transaction to process loan payments

[Don Ireland]

I've found the following link and it looks promising for this.

http://svn.gnucash.org/docs/head/loanhandling.html

Don Ireland

On 5/17/2016 7:12 PM, Don Ireland wrote:
> I've read that I can create scheduled transactions that look at the 
> current balance, calculate the interest and deduct it from the total 
> amount of the payment.  But I'm having trouble figuring out how the 
> formula works (I don't even know WHAT the formula is called or what 
> the variable names are).
>
> Can someone shed some light on the subject?
>
> TIA!
>