Is it possible to automate the splits associated with a home mortgage transaction? I am
downloading the checking account transactions as QFX from my bank, so from their point of
view, it's a single check. As an example:
Check amount: $3000
For payment X, we might have:
Principal: $1700
Interest: $400
Tax escrow: $900
But for payment X+1, the P&I numbers obviously change, while the total and tax escrow
amounts are un-changed. Unfortunately, I can't download the split data from the mortgage
holder.
Any ideas on how this might be automated? Or should I just live with doing the manual
entry once per month?
Thanks!
Dan
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