Allow Account Reconciling for Loan Accounts the same way you can for Checking/Savings accounts
At the end of the day, loan accounts are very nearly the same as checking/savings accounts, and it's wise to track them, and your contributions to principal, interest etc. on a monthly basis. Why, therefore, are users not able to reconcile their loan accounts against their loan statements just like other accounts? This is probably my only gripe about the usability of this app. It's one of my favorites, but this one point really bugs me.
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1 Posted by tgilbert666 on 03 May, 2023 12:37 AM
I'm a fellow user.
Hi Chris,
I agree. But at the end of the day, loan accounts could be exactly the same as Liability accounts, so I don't use the MD Loan accounts, rather I create a Liability account and auto-reminders for payment and interest and manage loans that way. A bit more work but a lot more control.
Your question should stand tho' for attention by Support!
2 Posted by dwg on 03 May, 2023 02:22 AM
I'm not sure how much value that would add.
You cannot edit transactions in a Loan account, nor can you enter transactions directly into a loan account.
System closed this discussion on 02 Aug, 2023 02:30 AM.