or Create a profile
General Questions →
02 Dec, 2021 06:27 AM
I have created an account under "Loans" for my HELOC (Home Equity Line of Credit), which has a variable interest rate. I want to create a "new transaction" to show the monthly interest charge, but I cannot do it (the File -> New Transaction menu item is grayed out). For bank accounts and credit cards, it's a simple matter to enter a new transaction (either a withdrawl or deposit). How can I do the same for a loan?
on 02 Dec, 2021 06:51 AM
I'm a fellow user.
In Moneydance Loan account are designed for Principal and Interest (P&I) fixed types of loans.
The most common Line of Credit account in Moneydance is naturally Credit Cards, but you can also use the general purpose Liability account to handle these types of loans.
on 03 Dec, 2021 05:06 AM
Is there a way to change the account type from "Loan" to one of the other types? Or do I need to create a new account for this?
on 03 Dec, 2021 05:48 AM
Moneydance itself does not have an option to change an account type, but the toolbox extension can change it.
on 03 Dec, 2021 05:49 AM
Formatting help /
(switch to plain text)
(switch to Markdown)
You can attach files up to 10MB
If you don't have an account yet, we need to confirm you're human and not a machine trying to post spam.
A conversation has been started with the Infinite Kind staff to resolve this discussion.
This discussion is private.
Only you and Infinite Kind support staff can see and reply to it.
This discussion is public. Everyone can see and reply to it.
You can use Command ⌘ instead of Control ^ on Mac
Powered by Tender™.