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Convert Expense into EMIs

Sometimes when I have made a large purchase, I want to budget for it over a time period instead of recording it as a one-time payment. Eg : buying a vacuum cleaner at full price of say $100 but distributing the expense over 5 months at $20 per month.

Status: Rejected3 comments

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  • Lazare Kolebka

    Team•

    Apr 3

    Not a feature but here is a workaround: enter a recurring transaction that stops after 5 iterations for example.

    So you’d have a recurring transaction of 20$ for 5 months. You can put an end date on every recurring transaction

    • wambamshram

      •

      Apr 3

      Yes, was just trying to be lazy and avoid doing that calculating myself 😛, but this makes sense. Why waste resources simply. Thanks!

      • Lazare Kolebka

        Team•

        Apr 3

        Haha you’re good! You can even use the integrated calculator when you enter the transactions! Simply do 100/5= and it will do the maths for you