Split Mortgage payments in Landlord Module

How-to
1

Hi,

Am using the landlord module. Where I have a bank transaction for a mortgage payment - how do I split this between interest (goes on my self assessment) and capital repayment (doesn’t!)

Thanks

2

The usual trick here is to represent the mortgage liability as a bank account in QuickFile. Interest charges you log as money out of the mortgage loan account and tag them to an expense nominal, repayments are transfers from your current account to the mortgage account.

3

Clever! Thank you. I’ll try that

4

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