Old Assets / Liabilities

[Ian Miller]

Hi,

Just wondering what is the preferred method for retaining data about old 
assets and liabilities (e.g. loans that have been paid off, or credit 
cards that you no longer have)? At the moment, I've just created "Old 
Assets" and "Old Liabilities" top level placeholders, and I move the old 
accounts into these categories - does that sound right to you?

Also, silly question.... how is the "Profits" figure which appears in 
the "Grand Total" at the bottom of the main screen arrived at? And is 
this mentioned in the manual at all?

cheers,
ian