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Multiple Transactions to a single expense

Anthony Longland 2 years ago updated by Landlord Vision Admin 2 years ago 1

Being able to tag multiple transactions from a bank statement to a single expense would be good. Currently You can split an invoice but for things like the Mortgage payment, the Interest and Principle are separate for my mortgage provider, however the system won't allow me to tag both those transactions to the Mortgage expense meaning I can't reconcile the Mortgage Payments

Hello

Thank you for your suggestion

We will consider this for a future release.  In the meantime, if the bank is charging you separate payments for capital and interest, you might be better off recording these as expenses and not using the Finance Manager.  Use the Mortgages & Loans account for the principle and the Mortgage & Loan Interest account for the interest. This will be much easier to record and will populate your accounting reports correctly.  The only issue is that it will not track the outstanding balance on the loan, or update the finance reports

Kind regards

Roy