PrivateLoan Transactions
PrivateLoan transactions can be made as follows
Definitions
We start with the following accounts and transaction categories
Deposit Accounts
| Name |
Parent |
Category |
Currency |
Starting Balance |
| BarclaysCurrent |
Barclays |
Checking |
GBP |
£10,000.00 |
Loan Accounts
| Name |
Parent |
Category |
Currency |
Starting Balance |
|
Payee Accounts
| Name |
Type |
| Damage |
Individual |
| Barclays |
Institution |
TransactionCategories
| Name |
Type |
| Income:LoanInterest |
LoanInterestEarned |
| Loan:WriteDown |
WriteOff |
Transactions
We have the following events
Transactions
| Date |
Account |
Category |
Amount |
Direction |
Partner |
| 01-Mar-1986 |
BarclaysCurrent |
Transfer |
£1,000.00 |
To |
DamageLoan |
| 02-Mar-1986 |
DamageLoan |
Income:LoanInterest |
£10.00 |
To |
DamageLoan |
| 02-Mar-1986 |
DamageLoan |
Income:LoanInterest |
£1.00 |
From |
DamageLoan |
| 03-Mar-1986 |
DamageLoan |
Loan:WriteDown |
£489.00 |
From |
DamageLoan |
| 04-Mar-1986 |
DamageLoan |
Loan:WriteDown |
£23.00 |
To |
DamageLoan |
Analysis
The analysis of these transactions is as follows
AssetAnalysis
| Date |
BarclaysCurrent |
DamageLoan |
| 06-Apr-1980 |
£10,000.00 |
|
| 01-Mar-1986 |
£9,000.00 |
£1,000.00 |
| 02-Mar-1986 |
£9,000.00 |
£1,010.00 |
| 02-Mar-1986 |
£9,000.00 |
£1,009.00 |
| 03-Mar-1986 |
£9,000.00 |
£520.00 |
| 04-Mar-1986 |
£9,000.00 |
£543.00 |
| Profit |
-£457.00 |
PayeeAnalysis
| Date |
Damage |
| 02-Mar-1986 |
£10.00 |
| 02-Mar-1986 |
£9.00 |
| 03-Mar-1986 |
-£480.00 |
| 04-Mar-1986 |
-£457.00 |
| Profit |
-£457.00 |
TransactionCategoryAnalysis
| Date |
Income:
LoanInterest
|
Loan:
WriteDown
|
| 02-Mar-1986 |
£10.00 |
|
| 02-Mar-1986 |
£9.00 |
|
| 03-Mar-1986 |
£9.00 |
-£489.00 |
| 04-Mar-1986 |
£9.00 |
-£466.00 |
| Profit |
-£457.00 |
TaxAnalysis
| Date |
TaxFree |
Expense |
| 02-Mar-1986 |
£10.00 |
|
| 02-Mar-1986 |
£9.00 |
|
| 03-Mar-1986 |
£9.00 |
-£489.00 |
| 04-Mar-1986 |
£9.00 |
-£466.00 |
| Profit |
-£457.00 |
