On Tue, Oct 23, 2001 at 03:36:35PM -0400, Derek Atkins wrote: > Tim Wunder <[EMAIL PROTECTED]> writes: > > > Can I get the current balance of an account as a variable? Say, to get > > the current principal balance of a loan for calculating interest for a > > loan. The SX would look like: > > Acct Deposit Withdrawal > > Checking: $1000.00=<pmt> > > Loan: <pmt>-<int>-<escr> > > Interest: <loan principal>*.06/12=<int> > > Escrow: $244.64=<escr> > > This is a very simplistic view of interest and does not take > compounding into effect... But in general, yes, this is what > I'd like to do, too. > > > <pmt> and <escr> are fixed and manually entered, the rest gets calculated. > > Well, the ".06" and "12" (rate and term) would get entered manually, > too. I'm not sure how you calculate variable-rate loans, however. > Personally, I'm not concerned that the numbers in such a computed transaction come out exactly as the banks. As it is, I haven't been able to get any calculations to come out the same as theirs. As long as it is close, there can be a manual adjustment at the end of each accounting period.
-- James (Jay) Treacy [EMAIL PROTECTED] _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnumatic.com/cgi-bin/mailman/listinfo/gnucash-devel
