Networth and Net Assets difference?

[John R. Sowden]

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.