I just made the last payment on a car loan. The loan account now has a
value of $0. Oddly, the scheduled transaction did not seem to know it
was done, and as there is no way to modify the scheduled transaction
for a loan (trying just invokes the load wizard) I just deleted the
scheduled transaction. If I grep the account ID, I see the account
itself, the original split for the original loan, and the 48 splits for
the payments.
First issue: looking at the transactions for those splits, things seem
inconsistent. One example:
<TRANSACTION postdate="2017-07-08" entrydate="2017-07-03"
id="T000000000000014072" memo="Bill Payment" commodity="USD">
<SPLITS>
<SPLIT number="" payee="" reconcileflag="2" bankid="ID
20170630AF190313910014310-1" value="-25783/50" account="A000150"
id="S0001" memo="" action="" reconciledate="2017-06-30"
shares="-25783/50" price="1/1"/>
<SPLIT number="" payee="" reconcileflag="2" bankid=""
value="25783/50" account="A000458" id="S0002" memo=""
action="Amortization" reconciledate="2018-05-20" shares="25783/50"
price="1/1"/>
</SPLITS>
</TRANSACTION>
Looking at the ledger for either the loan account or the paying account
(a checking account which is actually a brokerage account) I do NOT see
"Bill Payment" or "Amortization" anywhere, even though they probably
were in the originally imported transactions. Also, that memo and
action appear inconsistently across all 48 transactions. I don't think
those differences are actually causing any problems, but I'm curious
about the inconsistency and why I don't see those memos or actions in
the ledger anywhere.
Separately, I think I may have discovered the reason I can't close the
account. For the loan account, I see
<KEYVALUEPAIRS>
<PAIR key="compoundingFrequency" value="32"/>
<PAIR key="final-payment" value="27/100"/>
<PAIR key="fixed-interest" value="yes"/>
<PAIR key="iban" value=""/>
<PAIR key="interest-calculation" value="paymentReceived"/>
<PAIR key="ir-2017-06-08" value="0/1"/>
<PAIR key="lastImportedTransactionDate" value="2021-05-02"/>
<PAIR key="lastStatementBalance" value="0/1"/>
<PAIR key="loan-amount" value="495039/20"/>
<PAIR key="payee" value=""/>
<PAIR key="periodic-payment" value="25783/50"/>
<PAIR key="reconciliationHistory"
value="2021-01-31:-206291/100;2021-03-31:-103159/100;2021-05-01:0/1"/>
<PAIR key="schedule" value="SCH000033"/>
<PAIR key="term" value="48"/>
</KEYVALUEPAIRS>
Minor note: I did modify the final payment to be 4/30/21 instead of
5/2/21, and to be the periodic-payment plus the final-payment. I hope
this isn't making KMM think there really is one more payment left, even
though it knows the balance is now $0.
Why is the value for "schedule" still there, when I deleted the
scheduled transaction? When I did that, there was a note of caution
that I would not be able to re-create the schedule later. First, is
this the the reason I can't close the account, and second, is this
actually a bug?
Jack
