On 2/7/21 1:36 AM, Petros Tenezakis wrote:
How do set up initital balance for a loan. I owe for an example 1 USD to
Example Bank
I find it best to break actions like this into the different components.
1. First item is to realize this will result in you having a
liability. This means y
On Sunday, 7 February 2021 09:36:35 GMT Petros Tenezakis wrote:
> How do set up initital balance for a loan. I owe for an example 1 USD to
> Example Bank ___
Hi,
pretty much the same as you would create any other account with an existing
balance.
How do set up initital balance for a loan. I owe for an example 1 USD to
Example Bank
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I presume that you currently "expense" the loans. They really are not
an "expense" but a change of asset (from your savings account to a
receivable.
1. Add a new Asset account called "FaF Loans" (Friends and Family
Loans). Mark it as a placeholder.
2. Under FaF add a new account for each per
I have lent monies to a family member and now wish to track the balances on an
ongoing basis. I have been looking at the guides etc but just cannot
understand the concept / account hierarchy given my circumstances.
The software I am using is:
* Version: Version: 4.1, Build ID: 4.1+(2020-07
On 23/2/20 8:23 am, David Cousens wrote:
Claire
Can you request a more detailed statement?
"Trust us, we are a bank" is not a good modus operandi as we have found out
recently in Australia. We had banks charging for services never rendered,
continuing to charge fees to dead people along with
Claire
Can you request a more detailed statement?
"Trust us, we are a bank" is not a good modus operandi as we have found out
recently in Australia. We had banks charging for services never rendered,
continuing to charge fees to dead people along with outrageous fees for
letting the computer do
Thanks Stephen.
I'm in the UK and it's usual to have interest calculated daily and applied in
advance on the first of the month. Payment can be any date you choose.
The bank only sends an annual statement with a single figure for the total
interest that year - not at all helpful in this case.
I g
On 2/21/20 8:56 AM, Claire via gnucash-user wrote:
> Hello
> I have a loan at a fixed interest rate and was planning to use "Loan and
> Mortgage Repayment...". However I do have the option to make overpayments.
> I checked this mailing list and there was a thread regarding mortgages in
> 2013 whi
Hello
I have a loan at a fixed interest rate and was planning to use "Loan and
Mortgage Repayment...". However I do have the option to make overpayments.
I checked this mailing list and there was a thread regarding mortgages in 2013
which said that the SX uses the original amount to calculate int
I noticed the same thing and thought that was strange. Checked to see if
there was a rounding option in settings but did not find anything. So I
manually edited the scheduled transaction in the editor to the correct tax
and insurance and it kept it. So in the future the correct will be
used...but b
Anybody?
Jim
On 8/2/19 3:06 PM, JimR wrote:
The title pretty well says it all, except I don't want it to round up,
I want the exact amount I entered. I entered USD 192.68, but GNUCash
rounds up to USD193.00. I can supply screen shots if necessary.
Version 3.6+(2019-06-29) on Fedora 29, all
The title pretty well says it all, except I don't want it to round up, I
want the exact amount I entered. I entered USD 192.68, but GNUCash
rounds up to USD193.00. I can supply screen shots if necessary.
Version 3.6+(2019-06-29) on Fedora 29, all patches up to date.
--
73 de Jim, KD1YV
I think this part is answered, rename "config.user" to "config-user.scm"
Still have questions for: the loan balance and remaining months.
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Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
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gnuca
I am in a similar boat as you and glad that I found your solution. When I
try to use your function, I get an error in the "Edit Schedule Transaction"
window. Basically saying GNUCash doesn't know the function "imptFixed" and
other "*Fixed" functions.
"An error occurred while processing imptFixed
I am in a similar boat as you and glad that I found your solution. When I
try to use your function, I get an error in the "Edit Schedule Transaction"
window. Basically saying GNUCash doesn't know the function "imptFixed" and
other "*Fixed" functions.
"An error occurred while processing imptFixed
Yup!
On the other hand, 1.29-0.71 = 0.58, so while one solution might be to
create a transaction with those particular numbers, that method generates
too much error for some calculations or combinations of values. That is
why the developers are working to use real math whenever possible.
I recen
On 1/9/19 6:26 AM, Michael or Penny Novack wrote:
> On 1/8/2019 11:50 PM, John Ralls wrote:
>> The answer is probably in app-utils/calculation. All of that was
>> probably written before Guile grew a rational number class and I
>> think that GncNumerics get converted to doubles before being passed
On Wednesday, January 9, 2019 at 9:44, David Carlson said:
> Absolutely, I was not expecting agreement with the bank, I just think the
> creation of an unbalanced transaction is bad form.
There is no reason to expect that taking three rational numbers A, B and
C, such that A=B+C, converting to d
Absolutely, I was not expecting agreement with the bank, I just think the
creation of an unbalanced transaction is bad form.
David Carlson
On Wed, Jan 9, 2019, 9:03 AM John Ralls
>
> > On Jan 9, 2019, at 6:26 AM, Michael or Penny Novack <
> stepbystepf...@comcast.net> wrote:
> >
> > On 1/8/2019
> On Jan 9, 2019, at 6:26 AM, Michael or Penny Novack
> wrote:
>
> On 1/8/2019 11:50 PM, John Ralls wrote:
>> The answer is probably in app-utils/calculation. All of that was probably
>> written before Guile grew a rational number class and I think that
>> GncNumerics get converted to double
On 1/8/2019 11:50 PM, John Ralls wrote:
The answer is probably in app-utils/calculation. All of that was probably
written before Guile grew a rational number class and I think that GncNumerics
get converted to doubles before being passed to the interest functions. That
would pretty much guaran
I have created https://bugs.gnucash.org/show_bug.cgi?id=797032.
David C
On Wed, Jan 9, 2019 at 2:29 AM David Carlson
wrote:
> With those numbers payment number 2 has an error.
>
> David C
>
> On Wed, Jan 9, 2019 at 2:23 AM David Carlson
> wrote:
>
>> I am working on a test scenario.The interes
With those numbers payment number 2 has an error.
David C
On Wed, Jan 9, 2019 at 2:23 AM David Carlson
wrote:
> I am working on a test scenario.The interest formula is ipmt( 0.03500 /
> 12.00 : i : 180.00 : 172,000.00 : 0 : 0 ), the others have the same numbers
> and the 71st payment contains t
I am working on a test scenario.The interest formula is ipmt( 0.03500 /
12.00 : i : 180.00 : 172,000.00 : 0 : 0 ), the others have the same numbers
and the 71st payment contains the error. I am using these numbers because
they are exactly the same as the numbers that have already generated an
erro
The answer is probably in app-utils/calculation. All of that was probably
written before Guile grew a rational number class and I think that GncNumerics
get converted to doubles before being passed to the interest functions. That
would pretty much guarantee rounding issues.
Regards,
John Ralls
Well the SCM has numerous references to "round" and "rounding errors" so
it's to be expected.
Please file a bug with example numbers, and hopefully these errors may
be fixed.
On 9/1/19 7:35 am, David Carlson wrote:
John,
Thanks for the reference. Alas, I will need to do some homework to
pr
John,
Thanks for the reference. Alas, I will need to do some homework to
properly read SCM. There must still be some sort of rounding issue
creeping in if the Scheduled Transaction SLR sometimes generates an
imbalance from ppmt = pmt - ipmt.
David C
On Tue, Jan 8, 2019 at 3:44 PM John Ralls w
The thee functions are defined in
https://github.com/Gnucash/gnucash/blob/maint/libgnucash/app-utils/fin.scm,
prefixed with gnc: (so gnc:ipmt etc.).
At line 41ff you'll see that ppmt = pmt - ipmt.
Regards,
John Ralls
> On Jan 8, 2019, at 12:48 PM, David Carlson
> wrote:
>
> My point is tha
My point is that the equations are defined by the assistant, and I think
that they can be expressed in a form that concentrates all the errors into
one line where a simple rounding would not generate a problem where the
parts do not add up to 100%. Granted, the errors may sometimes cause
inaccurat
> On Jan 7, 2019, at 3:14 PM, David Carlson wrote:
>
> I just had a scheduled transaction that was set up by the loan/mortgage
> repayment assistant appear with 0.01 Imbalance-USD.
>
> I would think that GnuCash should have an accuracy method that would
> prevent this from happening. Is this
I just had a scheduled transaction that was set up by the loan/mortgage
repayment assistant appear with 0.01 Imbalance-USD.
I would think that GnuCash should have an accuracy method that would
prevent this from happening. Is this a bug?
I am using GnuCash 2.6.17 in Ubuntu 16.04 today.
David C
_
Antoine,
There is no way you can simply incorporate the insurance payments into the
GnuCash loan calculations, at least at present, as the wizard does not have
the capacity to do this. It has not been programmed to treat this situation.
It is possibly better to set up the loan calculation in a spr
Hi,
Today, I'm going to make a car loan at my bank, and I would like to add
to my GnuCash account.So I ran Loan Wizard and follow it like my house loan...
But, I take death insurance and it's a percentage of my present value.
How can I add my Insurance amount in load wizard ??
Thx
(Sorry for my p
On 8/13/2018 11:29 AM, azalea4va wrote:
I addressed this in the file I provided. There is one and only one
correct
answer mathematically.
I am surprised the moderators have not stepped in.
If you want to continue this, I suggest off list.
Michael D Novack
___
>> I addressed this in the file I provided. There is one and only one
>> correct
>> answer mathematically.
>
> Not true.Depends, for example, on how many decimal places in the
> calculations and whether only final rounding or rounding at multiple
> places during the calculations.
This was a t
On 8/12/2018 12:58 PM, azalea4va wrote:
Sorry, I missed this reply. So a little late, but ...
I should perhaps have indicated that writing this sort of thing used to
be "my line of country". I have written these things.
Mike or Penny Novack-3 wrote
a) method? << by "present value" of series o
Sorry, I missed this reply. So a little late, but ...
Mike or Penny Novack-3 wrote
> a) method? << by "present value" of series of "rents" or by "trial and
> error" >>
I am not sure what ""present value" of series of "rents"" means, but the
answer is by math. This is just a mathematical calcu
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