Hi
I have Quicken, 2005, Deluxe, Windows XP.
I have a house loan set-up complete with interest info, duration, etc.
When I record a payment from my checking account as a transfer to the [House Loan] account, the entire payment, principle + interest, is recorded against the reamining balance of the loan.
I would assume it would record only the principle and track the interest for tax purposes.
Any idea what I am doing wrong.
Thank You
JM