Entering a loan and reflected net worth
I have a car category where I already saved some money and also got a loan for 10k which hit my checkings account today.
I do want to track this loan. It is a private loan from my family, there is no other record of it on how much I still owe or already have paid. And ynab is my only financial tool for personal finances I use.
I have read the articles, why I might not need to track a loan and I don't track my student loan. Just budget for it every month. I want to track this one.
I set up a tracking account with 0$ balance and then made a transaction from that account to my on-budget checkings account. The problem I have is that in the net-worth report my assets got up 10k as my debt got up 10k. as well. So the change to my net worth zeros out, which doesn't accurately reflect my finances.
I do have some 'hacks' in mind, but all of them would mean not tracking how much I actually have spend for the car. I understand ynab is a budgeting tool, not an accounting software. But is there an option where I could mark the transaction from debt account to checkings not be counted towards my assets?