Recording loan payments in Moneydance can be made easier using loan payment reminders.
These are special reminders that automatically split the payment between principal, interest and escrow amounts based on the settings of a loan account.
To create a loan payment reminder, open the loan account and select Actions > Payment Reminder, at the top left of the loan account register.
This will display the reminder window where you can modify the accounts, categories, and schedule the payment reminders.
You can find more information about reminders within this section of our knowledge base.