Hi,
I'm looking for a way to hide my loan accounts from my budget. The reason being that from what I can tell, when I make a transfer from my chequing account to a loan account, the transactions seem to negate each other.
For example I transfer $500 from chequing to my line of credit it shows a withdrawal of $500 from chequing, and a deposit of $500 to line of credit. Since the net value of the transaction is $0, the category I apply to the transaction shows $0 also.
What I'm looking for is a way to hide the line of credit account from the budget so the category will only calculate the -$500 and not the +$500.
I am still learning to use the software so I may be using the accounts incorrectly, but any help would be appreciated!
Thanks
(Version 1.6.1 64-bit on Windows 10)
Hide accounts from budget
Moderator: Renato
-
- New User
- Posts: 2
- Joined: Tue Dec 06, 2022 5:26 pm
- Are you a spam bot?: No
-
- Super User
- Posts: 126
- Joined: Fri Jan 03, 2020 3:24 pm
- Are you a spam bot?: No
Re: Hide accounts from budget
I stopped using the "transfer" feature in Money Manager EX for similar reasons. My solution was to just record it as a deposit/withdrawal on the corresponding accounts. Then only apply the "House Expense" category to the withdrawal (and either not assign a category in the loan account or create a separate category ("House Loan Income")