Bug 631789 update

[Thomas Bullock]

Geert,

Thanks for pointing out that my remarks should be part of bug.  Following your recommendation, I have added an additional comment to that bug.

How does a  bug update get added automatically to the developer's list?  Or does it?  Do changes to a bug discussion go only to those subscribing to the bug?

Tom

> -----Original Message-----
> From: Geert Janssens [mailto:janssens-geert at telenet.be]
> Sent: Wednesday, October 20, 2010 7:16 AM
> To: gnucash-devel at gnucash.org; Thomas Bullock
> Subject: Re: Summary bar description (was: Patch for guide file
> "ch_basics.xml")
> 
> On Saturday 16 October 2010, Tom Bullock wrote:
> >   Geert and Juergen,
> >
> > Earlier exchanges stated:
> > > >  "Assets" is the sum of all accounts of types Bank, Cash, Asset,
> Stock,
> > > > Mutual Fund, Credit Card, Liability, A/Payable and A/Receivable,
> > > > obviously taking the proper sign into account. Calling this
> "Assets"
> > > > would indeed be confusing at least.
> >
> > Just netting (offsetting credits [liabilities] against debits
> [assets]
> > from the balance sheet) these together gives "Net Assets", not net
> > worth.  Net worth is a duration concept, meaning activity over time.
> It
> > refers to the use of assets to generate income while incurring
> expenses
> > to do that.  Net Assets is a point-in-time concept and excludes any
> > income statement activity.
> >
> > Given what has been said to this point, the most accurate term I
> have
> > seen is "net assets" for the place where a better name is needed.
> >
> This very same issue has recently been reported in a bug:
> https://bugzilla.gnome.org/show_bug.cgi?id=631789
> 
> I have added references there to this thread.
> 
> I don't speak English accounting language fluently, so I have to
> accept
> whatever others agree upon here. I would suggest to continue any
> further
> discussion on this description on the bug report.
> 
> Geert