Thank you. The guide explains a credit card account is a short-term loan. The Loans section probably needs a reference back to Credit Card Putting It All Together section which clearly explains Interest and Payments.
Aaron describes it pretty well, a loan interest transaction generates an expense interest-paid transaction at the same time. The Loan payment (split as desired) from the bank account is an independent transaction. The Income/Expenses reports and the Assets/Liabilities registers work as expected so everyone's happy. With the part interest payment described by Aaron, the $1 is from Liability:Principal. > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
