it wouldnt let me choose the account for transfer in the split area which is what i would expect (this split goes "here") - i tried what you are suggesting - but since the splits Still don't stay together it was hard to tell if i got the right child since after i changed the child to a transfer - it still shows an 'unassigned' split in the parent... (but it doesn't show in the unassigned area... hmm)(MW had 3 undetected dups for this transaction that i had to merge)... then i had to go and merge the mw transfer w the dep item in the loan account...
thanks :) PS the only reason i am splitting out the interest is that the 'whole' payment cannot be 'transferred' to the loan account (as they don't do it the right way and show a payment deposit then an interest charge - they show it as a partial deposit (payment amt minus interest = deposit to principal)... and meanwhile the 'full amount' comes out of the sending account. this is langley FCU - and their antiquated and backwards on just about everything i have encountered so far.. more incentive to pay early :) ml On Apr 6, 7:15 pm, Kevin Hoctor <[email protected]> wrote: > On Apr 6, 2009, at 4:36 PM, ciara belle wrote: > > > > > completely stumped; > > > i have a monthly loan payment - that i just set up to be scheduled in > > MW... but when i send the money over to that 'other' bank (transfer) > > that other bank doesn't list the full payment in it's statement as > > received (i download transactions from both). that amount is for > > principal and interest (which changes after each payment)... so it > > shows just 1 portion as a line item (the part for principal) > > > so when downloaded the statement for the bank receiving the payment - > > i noticed they dont show a 'deposit' of the total amount sent to that > > 'account' -- rather they show a deposit for the portion of the > > principal - and the other as an interest payment.... (not a deposit - > > nor a balance change) > > > so i tried to put in one transaction in the 'sending' bank - split - > > 1 line for interest (which i dont mind changing each month after the > > fact) and one for principal -- but the principal portion has to be a > > Transfer -- and MW wont let me put a split as a transfer.. > > i don't want 2 transactions -- as it was just one when i sent it.. > > > how do i split this 1 transaction so that it works (if i leave it > > whole as the transfer it shows a higher payment to principal than i > > made). > > > (i did create a bucket for the loan interest (since its tax > > deductible) > > You would have to create the split and then change the individual > split child transactions to transfers. > > Now for my advice: Don't bother tracking the interest part of the > payment, just make the payment. You'll get a summary from your bank > breaking out the interest at year end for taxes and it will save you > lots of work. > > Peace, > > Kevin Hoctor > [email protected] > No Thirst Software LLChttp://nothirst.comhttp://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
