Yes, for credit cards you'll want to create a transfer on the My Bills page from your checking to your credit card account. Then once the bank records the interest, create a separate expense transaction for that item. For loans it's a bit different since we allow you to update the principal of your deposit amount so for loans you'll also want to create a transfer of the full amount you pay but once it gets recorded, you'll see an Update Principal link next to paid which will allow you to split the deposit into principal and interest.
12/18/2009 03:33:29
Nicholas
User
My accounts
when sending money from my checking account to my credit card or auto loan. Do i set that up as a transfer or a withdrawal. 2nd do we enter interest on these accounts as another transaction couple of things i was wondering about.....
