Networth and Net Assets difference?
Chris Henderson
henders254 at gmail.com
Wed Jul 3 17:50:51 EDT 2013
On Wed, Jul 3, 2013 at 5:09 PM, Maf. King <maf at chilwell.net> wrote:
> On Wed 3 July 13 07:05:13 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.
> >
>
> Hi Chris.
>
> I just want to make sure that I've got the problem correctly in my head.
>
> 1. you have no liabilities.
> 2. The Accounts Tab says Net Assets : $X
> 3. The Net Worth report totals to $Y
>
>
Yep, that is correct.
Which report have you run to get Y? (I don't see a net worth report on my
> installation)
>
Click Reports -> Assets and Liabilities -> Net Worth Barchart then (from
Net Worth Barchart) select options - display - show table
> Is Y more or less than X?
>
X is more than Y; i.e. Net Assets is more than Net Worth.
> Does the line at the bottom of the accounts tab start $ or $:Grand Total ?
>
$:Grand Total is blank.
Thanks.
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