At the moment, I handle investments (e.g. my pension) as normal bank
accounts. At the end of each year I receive a statement and I add a
transaction into the account such as "Interest (5.05%)" which transfers
the interest from an Income account (or to an Expense account in the
event of a lo
Despite much Googling I haven't been able to find anything explaining
how to calculate this...
I know:
- The balance of a savings account at the start of the year;
- The amounts and dates of payments into the account; and
- The amount of interest paid at the end of the year.
I want to cal