Hello,

please correct me, if I'm using the feature in a wrong way. I have a student loan, where I get money every month. I wanted to track that within Skrooge, by using a loan account for that and transfer money every month from the loan account to the current account (and transfer it back, when i pay it back in some years).

If I do it so, the "Income & Expenditure"-Widget at the dashboard shows incorrect values. Just look at this minimal example:

1. Create a new file with a current account and a loan, both initial balances set to 0.
2. Transfer 100 from the loan to the current account (you get money from the bank)
- the widget on the dashboard shows an income of 100 and an expenditure of 100 (wrong in my eyes)
- the units page shows, that you don't own any money (wrong in my eyes)
3. Transfer 100 from the current account back to the loan (you pay back the 100 to the bank)
- the widget on the dashboard shows an income of 200 and an expenditure of 200 (wrong in my eyes)
- the units page shows, that you don't own any money (correct in my eyes)

I don't know, if I'm using the feature in the right way, but if this is the recommended way, then I would expect the following:
- after step 2: the widget should show an income of 100 and an expenditure of 0; the units page should show 100
- after step 3: the widget should show an income of (100 + 0) and an expenditure of (0 + 100); the units page should show 0 (which happens already)


I also thought in another way: Just add the money every month to my current account and wait, until I get a letter in ca. five years with the total amount I have to pay back and then add a loan account to Skrooge with that value as initial balance.
But if I do this, it's the same, as described above:
If I create a current account with initial balance of 10.000,- and a loan with initial balance of -1.000,- and then transfer 1.000,- from the current account to the loan, then also the widget shows an income of 1.000,- and an expenditure of 1.000,-.

It would be cool, to have an option to tell Skrooge: now I'm getting money from the bank, treat it as income and now I'm paying the money back, treat it as expense.

How would you handle this?

Kind regards

wholzl

Hi,

You can use the option (available on the contextual menu) of the "Incomes & Expenditures" widget to choose if you want to take into account the transfers or not.

I understood from your topic that "Loan" accounts should be have a particular behavior ...
... you are right.
I will analyze in detail what I can do.
I will take you informed.

Thank you for using Skrooge.
Regards.

Hey,

I forgot to say it: changing the option in the context menu does not work for loan accounts.

Now I will do it in the following way: I will transfer the money every month from the loan to the current account in the hope, that it will be displayed correct in the future

Greetings

@ Stephane:

I got a simple workaround for my situation (and maybe for everybody else, who want to handle a loan)

I skipped the loan account. Now I use a tracker instead. So the money I have to pay back is no longer negative but positive (oh, what a big problem ).
I just needed a loan account which initial balance is equal to the (negative) sum of the money, I got until now. Then I created an operation and payed the whole sum at once into that account by choosing the tracker (since a tracker can not have initial value). I dated the operation far away in the past, so it don't comes up in any report.
At last I closed the created account.

This works fine for every loan, because now, I can add money every month to my current account and just choose the specific tracker and vice versa when paying it back. So a loan is no longer a transfer from one account to another but a normal payment into a tracker.

To get the corresponding output in the "Income & Expenditure" widget at the dashboard, the option "Tracked" from the context menu must be chosen.

Greetings