Hamid, This certainly looks like a usage issue to me. Perhaps you are misunderstanding a prior response.
If you need to set up non-interest bearing loans, use the Scheduled Transaction feature. If the loan you need to set up is interest-bearing, then use the Mortgage Assistant. Both types of loans are currently possible. One is not favored over the other. Non-interest loans don’t need a special calculator. Interest-bearing loans do, so one was created and included. The loan feature doesn’t ‘aggregate’ all of your loans into one place. It’s just a special calculator. The loan ‘lives' in a liability account. The same is true for non-interest loans set up with the Schedule Transaction editor, as well as for loans you manually manage in the general journal without any special tools. There’s no need to re-design the software or to create a special non-interest loan feature because this is already possible with the current functionality, just not the functionality you were trying to use. Regards, Adrien > On Dec 11, 2018, at 10:07 PM, Hamidreza Jafari <hamidrjaf...@gmail.com> wrote: > > I didn't follow Michael D Novack. Though I can clarify on some issues that > were mentioned. > > 1 - Translation is not complete, my usage of the app is not exhaustive to try > its ins and outs. I questioned if GnuCash is built with the mindset of > priming > interest over non-interest. The string I mentioned has either redundant > information or contradicting information. > > 2 - I do not intend to draw lines but rather to question the line itself. > That > way agreement is facilitated or disagreement shows its hidden points of > conflict. > > 3 - If GnuCash has a part dedicated to loans, a user would be happy to have > all info about his loans under a Loans section rather than keeping notes to > himself in roundabout ways. Accounting is a form of bookkeeping but usage of > computing machines has provided some nifty features not possible with books. > I > talked about extending and refactoring to provide support if missing. This is > about development not usage. > > Hamid > > On چهارشنبه ۱۲ دسامبر ۲۰۱۸ ۰:۴۱:۰۸ (+0330) Frank H. Ellenberger wrote: >> Hello Michael, >> >> Am 11.12.18 um 16:32 schrieb Michael or Penny Novack: >>> On 12/11/2018 7:05 AM, Hamidreza Jafari wrote: >>>> Enter the annual interest rate in percent. Accepts values from 0.001 - >>>> 100. >>>> The Mortgage Assistant does not support zero-interest loans. >>>> >>>> What's the situation? >>>> >>>> Hamid >>> >>> Needed for more than just Islam BUT perhaps this belongs in the "user" >>> discussion as maybe no programming involved. >> >> If one of our translators comes up with such a question, there might - >> not must - something be suboptimal with our MsgIds, their documentation >> or our user doocumentation. >> >>> You would need/use the "mortgage assistant" only for an amortizing loan >>> WITH interest. Just because you might be thinking of a loan as for the >>> same purpose as a mortgage (buying a house, etc.) does not make it one >>> as the term is being used in gnucash. >> >> I would go further than Hamid. If you see the deposit facility rate at >> https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_r >> ates/html/index.en.html >> >> it is time to drop the restriction and allow zero and negative interest >> rates. >> >>> Put your question on the other list as a "how do I do in gnucash" >>> spelling out ALL of the conditions of this loan. I'm not a Muslim but do >>> have an understanding of some of the forms of "no interest" loans and so >>> understand that while no interest MAY be conditions of "profit sharing" >>> if the property involved is sold before the loan paid off. Or in the >>> condition of losses if not forbidden as "iron sheep" contracts << that's >>> just to show you I do know something about traditional societies >> >>> >>> Michael D Novack >> >> ~Frank >> >> _______________________________________________ >> gnucash-devel mailing list >> gnucash-de...@gnucash.org >> https://lists.gnucash.org/mailman/listinfo/gnucash-devel > > > > > _______________________________________________ > gnucash-devel mailing list > gnucash-de...@gnucash.org > https://lists.gnucash.org/mailman/listinfo/gnucash-devel _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
