Networth and Net Assets difference?

[Chris Henderson]

On Wed, Jul 3, 2013 at 7:20 AM, John R. Sowden
<jsowden at americansentry.net>wrote:

> On 07/02/2013 02:05 PM, Chris Henderson wrote:
>
>> Yes, I have foreign currency and stocks in foreign currency account. Would
>> that be the reason for the discrepancy? How would I fix that or should I
>> worry about fixing that? Thanks.
>>
>>
>>
>> On Tue, Jul 2, 2013 at 4:59 PM, Maf. King <maf at chilwell.net> wrote:
>>
>>  On Tue 2 July 13 16:38:18 Liz wrote:
>>>
>>>> On Tue, 2 Jul 2013 16:04:18 +1000
>>>>
>>>> Chris Henderson <henders254 at gmail.com> wrote:
>>>>
>>>>> No, I don't have any liabilities. So, my networth and net assets
>>>>> should be same, but they are not!
>>>>>
>>>> So I guess that something has been categorised as a liability when you
>>>> didn't intend it to be.
>>>>
>>> Just a thought, Chris -
>>>
>>> Do you have any stocks/shares or foreign currency accounts?  maybe an
>>> exchange
>>> rate isn't being picked up somewhere?  ISTR that the net assets at the
>>> bottom
>>> of the account tree view is selectable per-currency?
>>>
>>> 0.02
>>> Maf.
>>>
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>>
>>  Net worth is: All Assets less All Liabilities
> Net Assets is: All Assets less any liabilities that are using the assets
> as collateral, such as a home and a home mortgage.
>

I don't have any liabilities, debt, credit card, mortgages.