Is there a way to get Quicken to adjust the amortization on my loan?

Question

I accidentally made a double payment on my home mortgage. The total amount went to principle. The future payments did not adjust and now I have to update them manually each  month to correctly reflect the principle and interest payments. Is there some way that I can get Quicken to recognize that an additional principle payment was made and adjust the future payments so that I'm not forced to continue adjusting them?

C.B. McCoy · Answer

It didn't

UKR · Answer

Edit your transfer transaction in the checking account and make it a Split with 3 lines (or 4 if you normally have escrow amounts withheld), as shown in the image I provided. Use your account names and categories. For lines 1 and 2 (and 4) set amount to 0. Set line 3 to the amount of extra principal you paid.
Save the transaction and see if that recalculates the loan.

C.B. McCoy · Answer

Exactly as you described. A simple transfer to my loan account. This happened in October and to-date the split amounts for payments since then have been wrong and I've needed to adjust them.