New loan gets a new liability account. Transaction from new loan top old loan pays off old loan. Old loan goes to zero, is reconciled, and can be set as placeholder and hidden, if desired. Future transactions pay new loan.
On Mar 21, 2021, 09:26, at 09:26, Parker Graham <pl...@gmx.com> wrote: >Have mortgage set up in system but refinanced it and need help on how >to >payoff existing loan and set up new loan > >_______________________________________________ >gnucash-user mailing list >gnucash-user@gnucash.org >To update your subscription preferences or to unsubscribe: >https://lists.gnucash.org/mailman/listinfo/gnucash-user >If you are using Nabble or Gmane, please see >https://wiki.gnucash.org/wiki/Mailing_Lists for more information. >----- >Please remember to CC this list on all your replies. >You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.