How to account for consolidated loans

I created 2 student loan debt accounts years ago and recently consolidated them. How can I clear out the old balances without throwing off my bank account balances? I’m planning to not make a new debt account in goodbudget and just treating it like a recurring monthly bill.

You should be able to go to the Accounts page, choose Edit, and just make the outstanding balance of each loan 0. That won’t affect your bank accounts like a payment would. Don’t forget to adjust your off-debt budget and envelopes to account for the “new” bill.
Hope that helps!

Thank you! That worked perfectly!

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