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Re: edits to chapter 6
by Thomas Baumgart
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On Thursday 09 July 2009 21:56:48 Jack wrote:
> First - I"ll go on to other chapters now, and return to this on after
> you apply all or part of the patch, and I understand you will not use
> the screenshot I sent. Another thing to consider putting somewhere in
> the docs, although I'm not sure where (near the beginning, I think) is
> some statement about the differences in banking in different
> locations. I suppose this is only critical for on-line banking, but in
> that area, it seems there is a lot more available in Europe than in the
> US.
I am not so sure about that. It might not be more, but it certainly is
different. We need to use BIC and IBAN for all inter-european transfers, so I
guess we added the fields primarily for reference. I use to look up the
numbers in KMyMoney when making transactions via the bank's web-interface.
> On 2009.07.09 14:42, Thomas Baumgart wrote:
> > On Thursday 09 July 2009 17:14:46 Jack wrote:
> >> Here is the patch for details-accounts.docbook. I have also
> >> attached the new newinst.png.
> >>
> >> The issues in my previous mail (IBAN vs BIC) still need to be
> >> addressed.
> >
> > Please see response in other thread.
>
> As I understand, the BIC and Routing Number are then correct on the new
> institution page (at least in theory only until any of this is actually
> used for on-line banking in the future). The only thing still
> critical is to change IBAN to BIC on this page, and change the
> reference to the wikipedia page. The account page should then have
> both account number and IBAN - but in fact I only just paid attention
> now that these are both on the first page of the new account process.
> The possibly confusing part is that particular page is labeled
> "institution" since you also pick the institution for the account. I
> think this is ok - but when I return to this page, I'll add an
> explanation of account number and IBAN (with the other wikipedia link)
> in the paragraph above the new institution screenshot.
>
> Actually - the more I think about it, the new institution screenshot
> and explanation should be moved to the previous chapter (on
> Institutions) and only a reference to that here, if you need to create
> a new institution for the account you are creating.That also makes sense.
> >> Is there any reason this section does not explicitly describe
> >> setting up checking or savings accounts?
> >
> > Hmm, maybe because there is only this one page and for credit cards
> > you see a second one?
> >
> >> In the section on loan accounts, there is a sentence "Compounding is
> >> where the interest is added to the amount owed on the loan so that
> >> when the interest is next calculated there will be more interest
> >> paid on the interest." I'm not sure I follow this - should it be
> >> "... there will be less interest paid on the principle, since it has
> >> decreased." ??
> >
> > No. It's about interest to be paid on interest. Assume you have a
> > loan and you will be charged interest every month, but only pay
> > principal every three months. Then for the first and second month
> > your dues rise and thus your interest for the next month. Only after
> > the third month when the principal is lowered it will be less than in
> > the beginning (hopefully).
>
> This is not just because you only pay principle every three months, but
> because you don't even make the interest only payment in between.Yes, I forgot to mention that you only make payments every three months
(interest and principal).
> This
> can also happen if the interest can rise but there is a limit on the
> increase in monthly payment. (I actually had a mortgage like that once
> - it was not pretty...)
Ooops, not knowing the details, this sounds like a winner for the bank ...
> It does make sense now.
>
> >> My final questions are about editing accounts. The last sentence
> >> under editing accounts says "Alternatively the account details can
> >> be changed through the Ledgers view via the Account Details button
> >> in the command frame." This is only one of two places in the entire
> >> manual that mention "command frame" which is not defined anywhere.
> >> I assume the command frame is the area in the view below the main
> >> display, but in the ledger, I don't see any Account Details button.
> >> Am I missing it, or has it been removed?
> >
> > It has been removed. There's only the account edit button and the
> > menu entry.
>
> Than that will also need editing.Go ahead. It's yours :)
> >> My other issue about editing is that the description of editing
> >> account details seems not to apply to loans. When I try to edit a
> >> loan account, I get the loan wizard, not a dialog with the account
> >> details.
> >
> > Yes. That's right.
> >
> >> A few weeks ago, I spent a lot of time just trying to find out what
> >> interest rate I had used to set up a loan. Should this section at
> >> least mention this issue?
> >
> > That certainly would be helpful.
>
> Am I correct that the only way to see the current interest on a loan is
> to edit the loan, say you are going to modify the interest rate, go
> through all the screens until you get to the interest, and then cancel
> the edit?That could well be. We haven't touched this area in a long time.
> I guess after I do a few more chapters, I'll come back to this one and
> the previous one.
Sounds good. Keep sending updates. We'll keep adding them to the repository.
p.s. Don't forget to mention yourself somewhere. Credits for those who work on
the documentation.
--
Regards
Thomas Baumgart
GPG-FP: E55E D592 F45F 116B 8429 4F99 9C59 DB40 B75D D3BA
-------------------------------------------------------------
A: I hear that if you play the Windows XP CD backwards, you
get a Satanic message!
B: That's nothing. If you play it forward, it installs WinXP!
-------------------------------------------------------------
------------------------------------------------------------------------------
Enter the BlackBerry Developer Challenge
This is your chance to win up to $100,000 in prizes! For a limited time,
vendors submitting new applications to BlackBerry App World(TM) will have
the opportunity to enter the BlackBerry Developer Challenge. See full prize
details at: http://p.sf.net/sfu/Challenge
_______________________________________________
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> First - I"ll go on to other chapters now, and return to this on after
> you apply all or part of the patch, and I understand you will not use
> the screenshot I sent. Another thing to consider putting somewhere in
> the docs, although I'm not sure where (near the beginning, I think) is
> some statement about the differences in banking in different
> locations. I suppose this is only critical for on-line banking, but in
> that area, it seems there is a lot more available in Europe than in the
> US.
I am not so sure about that. It might not be more, but it certainly is
different. We need to use BIC and IBAN for all inter-european transfers, so I
guess we added the fields primarily for reference. I use to look up the
numbers in KMyMoney when making transactions via the bank's web-interface.
> On 2009.07.09 14:42, Thomas Baumgart wrote:
> > On Thursday 09 July 2009 17:14:46 Jack wrote:
> >> Here is the patch for details-accounts.docbook. I have also
> >> attached the new newinst.png.
> >>
> >> The issues in my previous mail (IBAN vs BIC) still need to be
> >> addressed.
> >
> > Please see response in other thread.
>
> As I understand, the BIC and Routing Number are then correct on the new
> institution page (at least in theory only until any of this is actually
> used for on-line banking in the future). The only thing still
> critical is to change IBAN to BIC on this page, and change the
> reference to the wikipedia page. The account page should then have
> both account number and IBAN - but in fact I only just paid attention
> now that these are both on the first page of the new account process.
> The possibly confusing part is that particular page is labeled
> "institution" since you also pick the institution for the account. I
> think this is ok - but when I return to this page, I'll add an
> explanation of account number and IBAN (with the other wikipedia link)
> in the paragraph above the new institution screenshot.
>
> Actually - the more I think about it, the new institution screenshot
> and explanation should be moved to the previous chapter (on
> Institutions) and only a reference to that here, if you need to create
> a new institution for the account you are creating.
> >> Is there any reason this section does not explicitly describe
> >> setting up checking or savings accounts?
> >
> > Hmm, maybe because there is only this one page and for credit cards
> > you see a second one?
> >
> >> In the section on loan accounts, there is a sentence "Compounding is
> >> where the interest is added to the amount owed on the loan so that
> >> when the interest is next calculated there will be more interest
> >> paid on the interest." I'm not sure I follow this - should it be
> >> "... there will be less interest paid on the principle, since it has
> >> decreased." ??
> >
> > No. It's about interest to be paid on interest. Assume you have a
> > loan and you will be charged interest every month, but only pay
> > principal every three months. Then for the first and second month
> > your dues rise and thus your interest for the next month. Only after
> > the third month when the principal is lowered it will be less than in
> > the beginning (hopefully).
>
> This is not just because you only pay principle every three months, but
> because you don't even make the interest only payment in between.
(interest and principal).
> This
> can also happen if the interest can rise but there is a limit on the
> increase in monthly payment. (I actually had a mortgage like that once
> - it was not pretty...)
Ooops, not knowing the details, this sounds like a winner for the bank ...
> It does make sense now.
>
> >> My final questions are about editing accounts. The last sentence
> >> under editing accounts says "Alternatively the account details can
> >> be changed through the Ledgers view via the Account Details button
> >> in the command frame." This is only one of two places in the entire
> >> manual that mention "command frame" which is not defined anywhere.
> >> I assume the command frame is the area in the view below the main
> >> display, but in the ledger, I don't see any Account Details button.
> >> Am I missing it, or has it been removed?
> >
> > It has been removed. There's only the account edit button and the
> > menu entry.
>
> Than that will also need editing.
> >> My other issue about editing is that the description of editing
> >> account details seems not to apply to loans. When I try to edit a
> >> loan account, I get the loan wizard, not a dialog with the account
> >> details.
> >
> > Yes. That's right.
> >
> >> A few weeks ago, I spent a lot of time just trying to find out what
> >> interest rate I had used to set up a loan. Should this section at
> >> least mention this issue?
> >
> > That certainly would be helpful.
>
> Am I correct that the only way to see the current interest on a loan is
> to edit the loan, say you are going to modify the interest rate, go
> through all the screens until you get to the interest, and then cancel
> the edit?
> I guess after I do a few more chapters, I'll come back to this one and
> the previous one.
Sounds good. Keep sending updates. We'll keep adding them to the repository.
p.s. Don't forget to mention yourself somewhere. Credits for those who work on
the documentation.
--
Regards
Thomas Baumgart
GPG-FP: E55E D592 F45F 116B 8429 4F99 9C59 DB40 B75D D3BA
-------------------------------------------------------------
A: I hear that if you play the Windows XP CD backwards, you
get a Satanic message!
B: That's nothing. If you play it forward, it installs WinXP!
-------------------------------------------------------------
------------------------------------------------------------------------------
Enter the BlackBerry Developer Challenge
This is your chance to win up to $100,000 in prizes! For a limited time,
vendors submitting new applications to BlackBerry App World(TM) will have
the opportunity to enter the BlackBerry Developer Challenge. See full prize
details at: http://p.sf.net/sfu/Challenge
_______________________________________________
KMyMoney2-developer mailing list
KMyMoney2-developer@...
https://lists.sourceforge.net/lists/listinfo/kmymoney2-developer
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