Proper Loan Payment - Expense Reporting
I have a few manual loans set up but I don't like the way the reports (banking/cash flow) reflect these transactions. For example: Car loan payment is $494.88. I set up the register on the checking account split as [Car Loan] $474.23 and $20.65 Loan Payment: Interest. The $474.23 principal payment/transfer accurately reduces the loan balance account. What I don't like is when running banking or cash flow reports the principal payment doesn't show up as an expense but only as a transfer. Is there a way to reflect the full payment as an expense while also reducing the loan balance?
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