A PS to my last email about the mortgage accounts. My gnucash accounts are for my financial tracking purposes only. My accountant gets bank statements and other original documents for tax purposes. He has nothing to do with my gnucash accounts, and is not interested in seeing them.
Just in case my earlier email sounded like I was laundering money or doing something to cheat the IRS! Or, maybe I have been watching too many episodes of the Black List.... Mark On Wed, Nov 20, 2019 at 11:08 AM Mark Phillips <[email protected]> wrote: > My apologies, I did a very poor job of asking my question the first time. > Let me try again. > > My accounts (with simplified names) > Asset - Condo and Checking > Liability - Mortgage > Expenses - Mortgage Interest > > I set up the accounts when I bought the condo a few years ago, made a few > entries for mortgage payments, then stopped. Time passed, the loan changed > banks to a line of credit, and some charges were made to the line of credit > for some non-condo related debt consolidation. > > Time passed, and now I would like to get these accounts caught up. There > is a $30,000 difference between the current Mortgage balance (larger) and > what is in gnucash. How do I make an entry to get the Mortgage account to > match the bank statement? > > Thanks, and my apologies for sending a poorly written question in > the first place. > > Mark > > On Wed, Nov 20, 2019 at 10:02 AM Tommy Trussell <[email protected]> > wrote: > >> On Wed, Nov 20, 2019 at 9:28 AM Mark Phillips <[email protected]> >> wrote: >> >>> I have a rental property, and I am just setting it up in gnu cash. The >>> property has an existing loan. I have paid down some of the loan, but am >>> still making payments. How do I set up the accounts so I reflect the >>> purchase price of the condo correctly, and also show the current correct >>> loan balance? >>> >>> Thanks! >>> >>> Mark >>> >> >> Have you yet read Chapter 8 of the GnuCash Tutorial and Concepts Guide? >> It's available here: >> >> https://www.gnucash.org/docs.phtml >> >> >> >> >>> ----- >>> Please remember to CC this list on all your replies. >>> You can do this by using Reply-To-List or Reply-All. >>> >> _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
