Loan Payment

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frankglemstone
New MMEX User
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Loan Payment

Post by frankglemstone »

I have no record of my balances that are actually debt if my auto and mortgage accounts are just payees. Making payments in the dark with no record of payoff information.
I can track the balances of my auto and mortgage loans if I convert them to term accounts, but none of my payments appear as "Where the money goes" since MMEX considers them transfers.
I shouldn't have to pick between keeping track of my balance and not seeing my largest expenses on any expense reports.
This is because I've took a loan and calculated it via https://moneyzap.com/blog/payday-loans-calculator/ tool
I've only been using MMEX for a few weeks, but the lack of capacity to control the largest expenses is a deal-breaker. I'd be grateful for any assistance with this.
Since MMEX considers them transfers: Loan accounts are dumb containers for money, they contain transactions only if their funds have been transferred from another account. This is completely normal and expected. If you do not want to transfer any funds, please remove the account (or better - convert them to dummy/shadow).

BTW - thanks for finally accepting my question =)
Last edited by frankglemstone on Wed Feb 02, 2022 9:50 am, edited 8 times in total.
mono un mono
whall3y
MMEX Developer
Posts: 343
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Re: Loan Payment

Post by whall3y »

This type of feature has been requested before https://github.com/moneymanagerex/money ... ssues/3859, As it has been raised again I'll see how we can best implement this in the next build.
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