Allow specifying loan interest compound periods
As has been discussed previously, MoneyDance defaults to monthly interest compounds on loans. Why not let users specify? I know there are a ton of variables that go into loan calculation, but I'm pretty sure from searching mailing lists and forums that different interest compounds are the primary one.
My big issue now is that I live in Canada where mortgage interest compounds semi-annually. I would love to use MoneyDance to track my mortgage but this just makes it hard!
Comments are currently closed for this discussion. You can start a new one.
Keyboard shortcuts
Generic
| ? | Show this help |
|---|---|
| ESC | Blurs the current field |
Comment Form
| r | Focus the comment reply box |
|---|---|
| ^ + ↩ | Submit the comment |
You can use Command ⌘ instead of Control ^ on Mac
1 Posted by Scott Meehan on 22 Jun, 2012 03:48 PM
Hi Brandon,
Thanks for your suggestion! I have filed a ticket with our ticketing system to request this feature.
Please let us know if we can be of further assistance!
Scott Meehan
Moneydance Support
2 Posted by Stephen Collins on 04 Nov, 2013 02:37 PM
I just purchased Moneydance myself and came upon this shortfall for Canadian users. I love the product and converted from Quicken ... I have so far been able to set-up everything I had in Quicken except for this one.
Please provide a solution in the near future. You have a great product but this is a major inconvenience for Canadian users.
System closed this discussion on 31 Mar, 2015 03:47 PM.