How do folks categorize transactions from their banks for Manually set up Loans?
I have setup a manual Mortgage loan acct. I've been told this is the preferred way most SuperUsers set them up. I'm interested to see how most folks categorize bank transactions for their loan. I'm guessing that most folks post the principal to the Loan account and interest to Interest Expense. But, I see a challenge when trying to run a Cash Spending report and the principal seems to be missing... (because it's categorized to the Loan acct). Anyone have any solutions?
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