Networth and Net Assets difference?

[Chris Henderson]

On Thu, Jul 4, 2013 at 7:50 AM, Chris Henderson <henders254 at gmail.com>wrote:

> 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.
>


I have figured out what the issue is. In the Networth Bar Chart, click
Options then Price Source drop down menu and select Nearest in Time, it
would show Networth exactly as Net Assests. It defaults to Weighted Average
and that's where the discrepancy comes in.

Thanks.