Assets with a negative value treated as zero in reports

[Derek Atkins]

Hi,

Colin Bell <crb11 at cam.ac.uk> writes:

> When I do an Account Summary report, any asset I have with a negative
> value (such as an overdrawn bank account) is treated as having zero
> value. This seems to apply to all the Asset and Liability reports.
>
> I assume this behaviour is by design, although it seems broken to me.
>
> Is there an option to turn this off and get a correct balance sheet
> for my accounts?

What does it mean to have a "Negative Asset"?  How can you have negative
cash in your wallet?  How could you have negative money in your checking
account?  And no, "overdraft" doesn't count, because that's yet another
account that would be a Liability that gets tied to your checking
account.

If the asset account is negative then you should think about how to
record it as a Liability.

> Thanks,
>
> Colin

> 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