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Questions and Discussion Relative to Pralana Online's "Build" Features
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Topic starter December 6, 2024 1:19 pm
Are auto loans, and loans for a specific home improvement, not a part of Pralana. I can model the expense, but what about the liability?
December 7, 2024 11:02 am
@timsafford You can model car loans via the Build > Expenses > Personal Property page. Loans for a specific home improvement are not specifically supported, unless you want to do it via a home equity loan or a HELOC. An alternative, though, would be to consider setting up an Investment Loan (under Build > Financial Assets) and a corresponding home improvement expense. The loan disbursement would cover the expense and then the subsequent payments on the loan would cover your ongoing liability.
Stuart
