Reporting

[Derek Atkins]

Hi,

Quoting Daniel Carrera <daniel.carrera at zmsl.com>:

> Hello,
>
> I would like to confirm that the Net Worth bar chart and other reports
> actually do what I think they should. I have multiple currencies and
> soon I'll start buying some stocks. I want to confirm that the reported
> value of my assets and liabilities for each month reflects the price of
> the currency (or stock) for that month. In other words:
>
> Suppose I have 1000 CAD and 1000 GBP and my reporting currency is CAD.
> In April the exchange rate is 1.9 CAD equals 1 GBP. In May it is 2 CAD
> equals 1 GBP. I would expect that the net worth chart should tell me
> that in April I had $2900 CAD and in May I had $3000 CAD. So the "asset"
> bar would be a little higher in May than in April (assuming nothing else
> changed).
>
> Is this how the reporting tools work?
>
> Similarly, if in June I buy stock XYZ for $1000 and in July it is worth
> $1050, will this difference be reflected in the chart? In other words,
> all other things being equal, the asset bar should be $50 bigger in July
> than in June. Is this correct?

I haven't looked at the report in question, but it *IS* possible that
the report is NOT showing you change in value from month to month but
instead shows you change in amount from month to month all converted
using the current exchange rate.

> Thanks.
>
> Cheers,
> Daniel.

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available