Budgeting loans

[Andy Pastuszak]

Can you budget a split transaction?

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________________________________
From: Kurt Padilla <kurt.padilla at gmail.com>
Sent: Saturday, April 7, 2018 10:12:03 AM
To: Andy Pastuszak
Cc: Gnucash Users
Subject: Re: Budgeting loans

I use a split transaction for my mortgage payment that takes care of principle, interest, and escrow all at once.

I haven't used the budgeting feature yet, but I use both expenses and cash flow reports to get a mostly complete financial review every month.

Kurt

On Fri, Apr 6, 2018, 22:10 Andy Pastuszak <apastuszak at gmail.com<mailto:apastuszak at gmail.com>> wrote:
I came up with an idea.  I created and asset account called Mortgage
Payment, and do a transfer of my monthly mortgage payment to that account.
In that account register, I do 2 transactions, one that pays the mortgage
and one that pays the principal.  Need to tinker and see how this works for
budgeting.

On Fri, Apr 6, 2018 at 9:22 PM, Andy Pastuszak <apastuszak at gmail.com<mailto:apastuszak at gmail.com>> wrote:

> I'm trying to find the best way to budget a loan.  The principal and
> interest of the loan changes every month as you make payments, so it's kind
> of tough to budget them without being forced to adjust the budget amount
> every single month.  Is there some kind of "best practice" for budgeting
> loans?
>
> Andy Pastuszak
>
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