Re: [GNC] How to do property asset and loan when acquired in the past

2021-06-08 Thread Michael or Penny Novack
On 6/8/2021 9:22 AM, D. via gnucash-user wrote: I'll just note that I have *never* in 15 years had a gnucash-generated loan transaction that matched the actual bank transaction. I have *always* had to adjust the amounts manually after the fact, because the bank will calculate interest and

Re: [GNC] How to do property asset and loan when acquired in the past

2021-06-08 Thread D. via gnucash-user
I'll just note that I have *never* in 15 years had a gnucash-generated loan transaction that matched the actual bank transaction. I have *always* had to adjust the amounts manually after the fact, because the bank will calculate interest and principle amounts based on the exact day (and

Re: [GNC] How to do property asset and loan when acquired in the past

2021-06-08 Thread David Carlson
The part about tracking loan payments when trying to create a partially paid down loan in GnuCash is tricky. GnuCash only does simple interest calculations, so many times the best you can do is get an estimated periodic payment transaction which you will have to correct manually each month after

Re: [GNC] How to do property asset and loan when acquired in the past

2021-06-08 Thread flywire
Work through https://gnucash.org/viewdoc.phtml?rev=4=C=guide It would have been simpler as a tutorial if it was only two accounts deep. -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html ___ gnucash-user mailing list

[GNC] How to do property asset and loan when acquired in the past

2021-06-08 Thread Gio Bacareza
Hi guys, this is my scenario simplified with hypothetical figures: 1. I bought property ex valued at $100 5 years ago. 2. I start with GnuCash today 3. As of today, let's say I have paid off a part of the loan, and let's say I have $25 left to pay. Is this how you would do it? 1. create an asset