track an amortized loan in Quicken for DOS?
Use Quicken liability accounts to track amortized loans. Quicken for DOS versions 5 through 8 automatically calculate the principal and interest amounts. Getting started: Complete these steps before setting up an amortized loan in any Quicken for DOS version: • Create a new liability account using the current loan balance for the opening account balance. • Obtain a written Amortization Table from your lender to verify the current principal and interest amounts. Tracking the loan in Quicken 7 and 8 for DOS: Repeat the following steps for all amortized loans to be tracked in Quicken: • From the checking register, access the activities menu and select Set Up Loan. • Complete the entries at the Set Amortization Information screen. Note: In the Regular Payment field, enter the amount for only the principal and interest. Do not include any additional non-loan amounts like escrow fees. Also, the current balance should be the same amount entered into the liability account. • Do you have additi
