Here is a method to budget a loan payment

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mhoggie

26 Apr, 2017 11:01 PM

Here is a method that seems to work to budget a loan payment.

Create a new bank account and call it a holding account.

Create an auto-commit transaction reminder to move your loan payment funds from your real source account to the holding account when the payment is made.

On you loan account, set the transaction reminder to pay the loan from the holding account to the loan.

Now when you use the old style (mixed interval) budget, you can pick up the full payment amount by looking for the transfer to the holding account.

That seems to work.

Mike

  1. System closed this discussion on 26 Jul, 2017 11:10 PM.

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