"Transfers" in Income & Spending Reports (How to reclassify?)


D

Dennis

Money 2005 Small Business

The principal amount of my car loan payments for 2005
equals $3,844.01

In the Reports it under the Transfers report title of "Transfers" as Car
Loan Payments for $3844.01

Personally, I would prefer that the amount be shown as Automobile Expenses -
Car Principal Payments. (Yes, as an accountant, I know that loan payments
are not an expense but the "Transfer" Debit would make more sense under Car
Principal Payments)

How do I "Credit" the "Transfer" amount and "Debit" Automobile Expense
within the Money system?
 
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D

Dick Watson

You don't since "loan payments are not an expense."

If you are intent, delete the loan account and just expense them in the
first place.
 

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