Thanks Richard and Martin. This helps me track both my current bill and available limit. Tracking available limit helps me balance off any anomaly that I may have in my ledger.
On Friday, 23 November 2018 07:15:41 UTC+5:30, Martin Blais wrote: > > That's incorrect; interest is an expense, not a liability. > You can do something like this: > > YYYY-MM-DD * Buy a new computer" > Expenses:Electronics 10000 USD > Liabilities:EMI:Computer -10000 USD > > then on each payment > > YYYY-MM-DD * "EMI payment" > Liabilities:Creditcard -2100 USD > Liabilities:EMI:Computer 2000 USD > Expenses:Interest 100 USD > > With suitable naming you can also create an interest account dedicated to > all your EMIs, or to each loan, as you choose, or not (and sums over > filtered postings later if you want the same info). > > > > On Wed, Nov 21, 2018 at 5:11 AM Richard W <[email protected] <javascript:>> > wrote: > >> If you're talking about installment plan >> <https://en.wikipedia.org/wiki/Hire_purchase> or something like that: >> You bought somethings with credit, pay parts of money each period in a >> fixed time(like 6 months or a year). >> >> I'm facing the same issue, I'm trying to deal it like this: >> >> {DATE} open Liabilities:CreditCards:XXX:Bill >> {DATE} open >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Principal ;;Pay >> within six months >> {DATE} open >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Interests >> >> {DATE} * "buy a new macbook pro with installment plan" >> Expenses:CutMyHandIfBuyMore 20000 CNY >> Expenses:BankEatMyInterests 2000 CNY >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Principal >> -20000 CNY >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Interests >> -2000 CNY >> >> >> When my bill come, I append a new entry: >> {BillDATE} * "Stage-1 buy a new macbook pro with installment plan" >> Liabilities:CreditCards:XXX:Bill -4000 CNY >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Principal >> +3700 CNY >> Liabilities:CreditCards:XXX:InstallmentPlan:MacBookPro:Interests +300 >> CNY >> >> >> Not sure if it'll work, but I think there're may better solution. >> >> >> On Wednesday, November 21, 2018 at 2:30:26 PM UTC+8, >> [email protected] wrote: >>> >>> Hi, >>> I have purchased a few thing using my credit card on emi. Below are the >>> details which I would like to track and I am not able to figure out how >>> Before start of emi: >>> max Credit card limit was 50k >>> Available limit was 49k >>> Spent on purchases 1k >>> >>> After emi: >>> I bought an item worth 10k with monthly emi of 2k for 6 months >>> max Credit limit is still 50k >>> Available limit is 37k >>> Spent on purchases 1k >>> >>> I have been tracking it by adding entries as and when they are debited >>> but the problem with this is that I am unable to track my current bill >>> amount and the available limt. >>> >>> I can share my beancount file if needed. >>> >>> Thanks. >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "Beancount" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected] <javascript:>. >> To post to this group, send email to [email protected] >> <javascript:>. >> To view this discussion on the web visit >> https://groups.google.com/d/msgid/beancount/c67362a9-3ce8-4244-a46a-5caac8818968%40googlegroups.com >> >> <https://groups.google.com/d/msgid/beancount/c67362a9-3ce8-4244-a46a-5caac8818968%40googlegroups.com?utm_medium=email&utm_source=footer> >> . >> For more options, visit https://groups.google.com/d/optout. >> > -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/d21df1e8-9cfd-42f1-b638-56dd41939d59%40googlegroups.com. For more options, visit https://groups.google.com/d/optout.
