What’s the other side of the new loan set-up? Cash at bank? So Liability Loan A 100,000 Cr Liability Loan B 105,000 Cr Asset Bank 105,000 Dr
Then Asset Bank 100,000 Cr -> 5,000 Dr Liability Loan A 100,000 Dr -> Zero balance Liability Loan B 105,000 Dr Like that? Peter — Peter West p...@ehealth.id.au “Now is the judgment of this world; now will the ruler of this world be cast out.” > On 21 Mar 2021, at 11:42 pm, D via gnucash-user <gnucash-user@gnucash.org> > wrote: > > 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. _______________________________________________ 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.
