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ThomasKihlberg
Joined: 29 Dec 2007
Posts: 2
Location: Stockholm, Sweden
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 Posted: Sat Dec 29, 2007 5:44 pm Post subject: Loan-confused |
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Hi!
I really like this program but I have a problem: When I want to do my budget I cannot find my amortizations as a expense. Maybe it is wrong economicly to call amortizations a expense but I need it to do f.e. my budget. Of course Im able see how much my total loan get lower but it is a big cost for me and then Ill also will se it as a cost. Do you have any good idea how to go around this or is there another way to solve it in the program - I might misunderstood something.
Example:
I have loan SEK 1500 each month
300 is mortgage (will be registered as an expense)
1200 is amortization (will not be registered as an expense)
Thomas, Sweden |
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ThomasKihlberg
Joined: 29 Dec 2007
Posts: 2
Location: Stockholm, Sweden
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| Posted: Sat Dec 29, 2007 6:03 pm Post subject: Attachment |
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Just want to say: The most important thing for me is to be able to budget for the amortizations, just to make it clearer  |
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stanbusk
Site Admin
Joined: 28 Dec 2005
Posts: 1950
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| Posted: Mon Dec 31, 2007 11:40 am Post subject: |
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| As far as I know an amortization is not an expense, only the interests you pay are. To show amortizations as expenses in your budget create a dummy account. The best would be to create that account only in the budget panel. I take note. |
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jackpot007
Joined: 18 Apr 2008
Posts: 3
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| Posted: Fri Apr 18, 2008 3:56 am Post subject: |
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| yeah. i agree. amortizations aren't an expense. |
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