No I ran the tool FIRST. It did NOT create the past transactions -- and I assumed that was because it would only create the scheduled transactions. So I manually entered the last ones myself -- I used an amortization schedule in an excel spreadsheet to tell me what each month's P & I would be.
What I'm having trouble with is the fact that the scheduled transaction says the next due date is 4/1/2019. I'll take another look at the guide. On January 10, 2020 10:08:35 PM CST, Adrien Monteleone <[email protected]> wrote: >You entered several payments manually, *then* decided to use the tool, >and are confused as to why the tool doesn’t reflect your manually >entered payments? > >*I’m* confused as to why you think it would. > >But my advice would be to either abandon the tool, or fix the manual >entries to accommodate the tool. Then all will be well regardless of >the choice. > >I’m no expert on the loan druid/wizard (whatever it is called) but I’d >hazard the guess to otherwise, use 2/1/20 as the next payment date, >*AND* use the balance as of that date, not the original loan balance. >This may or may not accurately calculate your actual payments. Since >you are only less than a year out, I’d personally opt to fix the >historical transactions and stick with the original loan numbers. > >Finally, be certain to read over the Tutorial & Concepts guide >concerning loans/mortgages to make sure you aren’t stumbling on any >pitfalls/sandtraps. While the GnuCash workflow for many if not most >things is fairly reasonable, it is based on standard accounting >practices which most people are not familiar with in their personal >finances. Thus, some things are not at first, as intuitive as you might >expect. > >Regards, >Adrien > >> On Jan 10, 2020 w2d10, at 9:54 PM, Don Ireland ><[email protected]> wrote: >> >> I have a mortgage on my home that I bought in March 2019. I used the >mortgage & loan repayment schedule tool to schedule my monthly >payments. When it asked for the loan beginning date, I entered 3/1/19 >thinking it would need that to accurately calculate the payments. When >I look at the resulting scheduled transaction, I see that it thinks the >"next payment date" is April 1, 2019. >> >> If I chang that date to 2/1/20, will that mess things up? >> >> I already manually entered all the payments that I've already made so >I don't need it to do that for me. >> >> Thanks! >> Don Ireland > >_______________________________________________ >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. Don Ireland _______________________________________________ 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.
