When I make a payment to a credit card, how do I mark how much goes to pay the balance versus how much goes to pay interest? Currently when I put 100 dollars down as a payment, my balance is reduced by $100. But since I am really only paying $90 on the balance and $10 in interest payments - would I mark this as a split transaction? But when I mark it as a split, my balance still gets reduced by the full $100. So - how do I mark how much goes to credit card interest payments, and how do I keep payments to that category from reducing my overall amount owed?

I assume you have three accounts (two real accounts, one category). They are

• Checking account C
• Credit Card CC
• Interest payment Int

The transaction is a split transaction in the checkings account

Code: Select all

Acc Amount
C    -100
CC    +90
Int   +10


Balances before the transaction

Code: Select all

Acc Balance
C    1000
CC   -100
Int    10

and after

Code: Select all

Acc Balance
C     900
CC    -10
Int    20

Hope that helps.

That certainly helped. Thanks!