Re: [GNC-dev] Interest

2018-12-15 Thread David Cousens
Mike, I am adopting an approach of not addressing directly specific examples from a particular religious/culturual tradition but of abstracting and illustrating general accounting approaches/principles that may be used using GnuCash to record transactions for non-interest bearing loans which I

Re: [GNC-dev] Interest

2018-12-15 Thread Michael or Penny Novack
On 12/14/2018 10:26 AM, David Cousens wrote: Frank, Will give it a go. Hamid is possibly right in that it will be too complex to deal with the various possibilities but I will see if I can illustrate a few simple cases. David It is definitely too complex. There are simply far too many variants

Re: [GNC-dev] Interest

2018-12-15 Thread Frank H. Ellenberger
Hi, Am 15.12.18 um 10:30 schrieb David T. via gnucash-devel: > Um, I wouldn't see putting this as a direct link of the top page of the wiki. I absolutly agree. > It's a rather specific use case. Without digging into the wiki, I'd see it > more as something from the Using Gnucash page, or the

Re: [GNC-dev] Interest

2018-12-15 Thread David Cousens
OK Geert, I'll create it that way thenlook for a suitable place to link it in as David T suggested. David - David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-Dev-f1435356.html ___ gnucash-devel mailing list

Re: [GNC-dev] Interest

2018-12-15 Thread David T. via gnucash-devel
Um, I wouldn't see putting this as a direct link of the top page of the wiki. It's a rather specific use case. Without digging into the wiki, I'd see it more as something from the Using Gnucash page, or the FAQ. On Sat, Dec 15, 2018 at 13:06, Geert Janssens wrote: Op zaterdag 15

Re: [GNC-dev] Interest

2018-12-14 Thread Geert Janssens
Op zaterdag 15 december 2018 08:23:55 CET schreef David Cousens: > Frank > I really can't see a logical place in the Wiki to add something on non > interest bearing loans. If under Localization, I will need someone to create > a link to a page I can put it together on as I don't have edit rights

Re: [GNC-dev] Interest

2018-12-14 Thread David Cousens
Frank I really can't see a logical place in the Wiki to add something on non interest bearing loans. If under Localization, I will need someone to create a link to a page I can put it together on as I don't have edit rights on the wiki front page but I can edit pages linked from it. Perhaps a

Re: [GNC-dev] Interest

2018-12-14 Thread David Cousens
Frank, Will give it a go. Hamid is possibly right in that it will be too complex to deal with the various possibilities but I will see if I can illustrate a few simple cases. David - David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-Dev-f1435356.html

Re: [GNC-dev] Interest

2018-12-14 Thread Frank H. Ellenberger
Hi. as ISTR questions about this theme have been on the user list before and it seems not to be trivial, I would like to ask: David, can you condense your findings into a separate wiki page "Zero Interest Loans" or similar? All others can then contribute there and we can share the link, where

Re: [GNC-dev] Interest

2018-12-14 Thread Hamidreza Jafari
On پنجشنبه ۱۳ دسامبر ۲۰۱۸ ۷:۵۲:۱۱ (+0330) David Cousens wrote: > Hamid, > > What would you envisage a loan calculator for a zero interest loan > providing? How would you envisage such a calculator dealing with the five > loan types often encountered in Islamic finance e.g. Murabaha > Mudarabah >

Re: [GNC-dev] Interest

2018-12-13 Thread David Cousens
Hamid, I have looked in a bit more detail at the possibility of producing a loan calculator for Islamic finance, principally at Musharaka type loans in which the investor is assigned equity in the business. The major difficulty in implementing any sort of calculator in this case is that payments

Re: [GNC-dev] Interest

2018-12-12 Thread David Cousens
Hamid, What would you envisage a loan calculator for a zero interest loan providing? How would you envisage such a calculator dealing with the five loan types often encountered in Islamic finance e.g. Murabaha Mudarabah Ijara Musharaka Wakala. As far as I can see these are all dealt with by

Re: [GNC-dev] Interest

2018-12-12 Thread Hamidreza Jafari
On چهارشنبه ۱۲ دسامبر ۲۰۱۸ ۱۷:۳۱:۲۱ (+0330) Christopher Lam wrote: Many on the list are mentioning that the scenario is possible but simply not provisioned in the part that does it automatically which here it is the calculator. The stress so far evident in discussions causes one to question if

Re: [GNC-dev] Interest

2018-12-12 Thread Michael or Penny Novack
On 12/11/2018 11:07 PM, Hamidreza Jafari wrote: I didn't follow Michael D Novack. Though I can clarify on some issues that were mentioned. Hamid Sorry about that. I was not expecting many on this list to understand, but there can be MORE differences between Western Civ "interest" loans and no

Re: [GNC-dev] Interest

2018-12-12 Thread Christopher Lam
Hi I am not an original developer on this loan assistant. However I think that the original loan druid was designed to calculate/estimate the loan repayment amounts, assuming a conventional loan, with a non-zero interest rate. If the interest rate was zero, there would be little need for a loan

Re: [GNC-dev] Interest

2018-12-11 Thread Frank H. Ellenberger
Am 11.12.18 um 22:44 schrieb John Ralls: >> On Dec 11, 2018, at 1:11 PM, Frank H. Ellenberger >> wrote: >> >> Hello Michael, >> I would go further than Hamid. If you see the deposit facility rate at >>

Re: [GNC-dev] Interest

2018-12-11 Thread David T. via gnucash-devel
Hamid, I cannot comment on Michael's points; however, I think the point that others are making is that the loan assistant is meant to assist users in setting up *transactions* for an interest-bearing loan.  Account setup-- including whether an account is classed as a liability-- is separate

Re: [GNC-dev] Interest

2018-12-11 Thread Hamidreza Jafari
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

Re: [GNC-dev] Interest

2018-12-11 Thread John Ralls
> On Dec 11, 2018, at 1:11 PM, Frank H. Ellenberger > wrote: > > Hello Michael, > 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_rates/html/index.en.html > > it is time to drop the

Re: [GNC-dev] Interest

2018-12-11 Thread Frank H. Ellenberger
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?

Re: [GNC-dev] Interest

2018-12-11 Thread 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"

Re: [GNC-dev] Interest

2018-12-11 Thread Martin Mainka
Am 12/11/2018 um 8:05 PM schrieb Hamidreza Jafari: > Hello, > > I use GnuCash mostly for personal finance and use its basic features, that's > why I have not tried it completely with all its capabilities. When I decided > to translate I had no idea I would encounter parts of it designed in

Re: [GNC-dev] Interest

2018-12-11 Thread Geert Janssens
Op dinsdag 11 december 2018 13:05:02 CET schreef Hamidreza Jafari: > Hello, > > I use GnuCash mostly for personal finance and use its basic features, that's > why I have not tried it completely with all its capabilities. When I > decided to translate I had no idea I would encounter parts of it

[GNC-dev] Interest

2018-12-11 Thread Hamidreza Jafari
Hello, I use GnuCash mostly for personal finance and use its basic features, that's why I have not tried it completely with all its capabilities. When I decided to translate I had no idea I would encounter parts of it designed in specific doctrines. This is one such string that paused my for a