Cannot Adjust Principal for Auto Loan (set up manually)

etoile
etoile Quicken Mac Subscription Member

Within the manual Auto Loan account I set up, I select "Edit Loan & Payment Terms" to enter the loan and payment details. The problem is that quicken rounds up the Principal and my lender does not resulting in an incorrect monthly Principal. And Quicken does not allow me to edit/adjust the monthly principal!?! Why? This is crazy and complicates my bookkeeping because every time I mark an entry as "Paid", I have to remember to manually go into the paid transaction and adjust the split line total for Principal, delete the automatic $0.01 adjustment Quicken enters in the split and save again. So much extra work! Just allow editing of the Principal amount in either the Edit Loan & Payment Terms section or the Bills & Income section (or both)!!!

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Answers

  • splasher
    splasher Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Flagged to move to Mac category so that it will be seen by Mac users.

    -splasher using Q continuously since 1996
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