Loan Section feature #2740
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ILIYANGERMANOV
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On the one hand, it's a good idea, but I think it will require a complete change in the way the application handles loan records. There are so many things to work on now, so until it's finally done, you could try to develop a naming strategy for the loans. What about the loan description feature? |
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Ok no issue but can you resolve my query
Suppose I gave some money to a person first for some reason A and then
again I gave money for reason B then he returns me some money and more then
how do I maintain the records of these.
Please help me with this
…On Mon, 2 Oct, 2023, 18:40 nvllz, ***@***.***> wrote:
On the one hand, it's a good idea, but I think it will require a complete
change in the way the application handles loan records. There are so many
things to work on now, so until it's finally done, you could try to develop
a naming strategy for the loans.
What about the loan description feature?
You could name each loan like "2023-10 Emily" with a short description,
like in transactions. Descriptions combined with loan archiving would be a
more real thing you could expect in the near future, and this might meet
your needs.
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Oh, I get it now. This may be easier than I first thought. The problem is with the 'add record' option. Instead of just making it a 'someone gives you money back', add a switch (like in the transaction where you can easily toggle between income/expense) that would allow an additional borrowing event to be logged and added to the total debt amount of the loan entry. Example:
This way the user could track the loans in an efficient way, and I don't think it would be that hard to do. Just make the records to be income/expense events, and apply them to the loan type (borrow/lend). |
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Yep now you got the problem. But I didn't get your solution can you explain
in detail.
…On Mon, 2 Oct, 2023, 19:31 nvllz, ***@***.***> wrote:
Oh, I get it now. This may be easier than I first thought. The problem is
with the 'add record' option. Instead of just making it a 'someone gives
you money back', add a switch (like in the transaction where you can easily
toggle between income/expense) that would allow an additional borrowing
event to be logged and added to the total debt amount of the loan entry.
Example:
- User logs a loan event, names it "Emily", and sets the debt amount
to 200 USD
- Emily repaid $10 the next day, so the user adds a record that makes
the total debt $190
- Emily borrowed an additional $100 from the Ivy Wallet user, so the
user can add a record that makes the total debt $290 ($200-$10+$100)
This way the user could track the loans in an efficient way, and I don't
think it would be that hard to do. Just make the records to be
income/expense events, and apply them to the loan type (borrow/lend).
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All you can do is make two different loan entries and split the money received in two transactions between those loans. We need some more advanced people to rate the difficulty of the feature I described above, and any volunteers to come up with it. I hope I helped you to make the feature request clearer. |
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Hey @nvllz, correct me if I'm wrong, we can easily update the total borrowed amount by updating the master borrowed amount, like in the example you took we can basically update the amount to 290USD. Though this won't create an entry for the txn but acknowledge the usecase OP wants. We can then track owed money repayment by adding records. Though we can give an option while updating the master borrowed amount to create a separate entry for this amount update. |
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Yeah, youre right. But to keep track of the money flow it would be cool to have an income/expense scheme in loans section. You can get unsure after some time if you do not have a clear record with transaction date, time and description. |
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Yes, Suppose I increase debt for a reason then after some days I will
forgot the reason then it might be debatable with the person why I
increases debt in repayment of money.
…On Fri, 6 Oct, 2023, 14:05 nvllz, ***@***.***> wrote:
Yeah, youre right. But to keep track of the money flow it would be cool to
have an income/expense scheme in loans section. You can get unsure after
some time if you do not have a clear record with transaction date, time and
description.
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Sure, @arnavarya89 do you have a solution to this? or I can brainstorm around it and impl. |
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Sure I have an solution to it in fact I have two solution to it first one
is let me explain you by an example to make you understand more better,
In the Loan Option Suppose I lend a loan or money to a person with Reason X
then I again gave money to the same person with reason Y and many times. So
instead of adding a loan many times can't we do that in the add record
button we again add some money as lent with both reason X and Y visible on
it will be more clean to see it and easy to maintain records.
And the second one is in records button to add interest option just you
need to add a description option and increase or decrease debt accordingly
and not in the add interest.
Summarising both solution I would say that for the first solution instead
of add loan for same person different time it should be add record so that
we can increase or decrease loan with a reason in one type and not
different times for same person not in different loan.
And for the second you Just need to add description option in intrest
option and I recommend you that rename it to increase debt and it should be
shown in main loan amount not in intrest amount If you would ask me then if
you say then I would attach other app debt options how they implemented it
in their app so you would get a clear pictures of it.
…On Fri, 6 Oct, 2023, 16:30 Vartul Tripathi, ***@***.***> wrote:
Sure, @arnavarya89 <https://github.com/arnavarya89> do you have a
solution to this? or I can brainstorm around it and impl.
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No response yet ??
…On Fri, 6 Oct, 2023, 16:30 Vartul Tripathi, ***@***.***> wrote:
Sure, @arnavarya89 <https://github.com/arnavarya89> do you have a
solution to this? or I can brainstorm around it and impl.
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It's unassigned if anyone wants to take it |
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I was about to place a feature request for this, but someone else already has that problem. Is there a way to upvote this or something to make the devs know that other users are also interested? |
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Hey @RDjarbeng we don't have an upvote mechanism - maybe just react with 👍 |
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Alright, noted. Looking forward to this feature. Thank you for building this app too |
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I'm on it |
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Thank you for your interest @michalguspiel! 🎉 If you don't want to work on it now, please un-assign yourself so other contributors can take it. Also, make sure to read our Contribution Guidelines. |
ILIYANGERMANOV
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Thank you so much. Will this be available on the Google Play Store now or we have to wait for an update? |
Please confirm the following
What would you like to improve?
In the Loan Option Suppose I lend a loan or money to a person with Reason X then I again gave money to the same person with reason Y and many times. So instead of adding a loan many times can't we do that in the add record button we again add some money as lent with both reason X and Y visible on it will be more clean to see it and easy to maintain records and for the borrowed part
Because...
It would be easier for all users to maintain their records more conveniently
Description
No response
Success Criteria
_add a option in add record option to like increase debit with a reason for loan just a same as the features to receive money we just to do it with increase debt.
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