How to set up Hospital Bill to show remaining balance (edited)

EllieBean
EllieBean Member ✭✭
edited November 21 in Bills and Income

I have a hospital bill that I pay monthly - not a credit card. I know how to set up recurring but I would like this to show the balance. Can that be done?

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  • EL1234
    EL1234 Member ✭✭✭✭
    Answer ✓

    You can set up a manual account for it and use an Opening Balance transaction to set the balance. Then set up a recurring reminder for the payment transaction, as a transfer from your bank account to this manual account. This way each payment towards the debt should lower the balance of the account, keeping track of the debt remaining.

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