On 04/20/2018 10:58 AM, Rich Shepard wrote:
Perhaps I can provide an example that helps.
When I pay my mortgage each month I assign the total payment to 3
debit acounts accessed using the Split menu function.
The standard three debits (increases) are: Expense -> Mortgage
interest,
Expense -> Mortgage escrow, and Liability -> Mortgage principal.
The total of these three amounts are offset by their total in the
credit
(decrease) to my checking account.
I think what you may be missing is in splits, there has to be a line for
the current register's transaction in the split itself. So for example
the above example would look something like this:
Checking account: $1000.00
Mortgage Interest: $100.00
Mortgage escrow: $300.00
Mortgage Principle; $600.00
When you do the above, $1000.00 would appear in the checking account
line from the split where you enter the amount for the checking account.
You don't enter it directly, but in the splits. So you're 3 part split
is actually a 4 part split. :)
--
Rick Copple
Window Cleaning Specialist
<http://www.copplecleaningservice.com>
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