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learnaboutloanaccounts.xml
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Extensible Markup Language
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2003-06-18
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<?xml version="1.0"?>
<?xml-stylesheet type='text/xsl' href='hhPreprocess.xsl'?>
<topic sku="core" tNum="287240" author="sallyh" xmlns="x-schema:hhTopicSchema.xml">
<index>
<title>Learn about loan accounts</title>
<category>accounts</category>
<klink type="cncpt">Tell me about loan accounts</klink>
</index>
<content>
<p>Use loan accounts for amortized loans, such as home, car, or student loans. With a loan account, you can:</p>
<ul>
<li>Keep track of the balances due on money you borrow or lend.</li>
<li>Calculate the <glossary>principal</glossary> and <glossary>interest</glossary> of each payment.</li>
<li>Set up a recurring payment so you can track your loan with your other transactions.</li>
<li>Set reminders in Money Express to tell you about upcoming payments.</li>
<li>Associate an asset account with a loan to get a more accurate picture of your <glossary>net worth</glossary>.</li>
<li>See how many payments you've made or received and how many are left.</li>
<li>Track the interest portion of your payments for tax purposes.</li>
</ul>
</content>
<footer>
<include href="Createaloanaccount.xml#xpointer(*/index/klink)"/>
<include href="EnterLoanpayments.xml#xpointer(*/index/klink)"/>
<include href="Schedulearecurringbillordeposit.xml#xpointer(*/index/klink)"/>
<include href="Linkaloanaccounttoitsasset.xml#xpointer(*/index/klink)"/>
<include href="Learnaboutliabilityaccounts.xml#xpointer(*/index/klink)"/>
<include href="LearnAboutMoneyAgent.xml#xpointer(*/index/klink)"/>
</footer>
</topic>