Average Balance Report

[David T.]

IN reply to myself, I now see that the “Average” is the Average over that given month. I discovered this when I added the Table at the bottom. 

I would still like some clarification about this; what is the primary purpose of the report? Is this report more useful than, say, taking the balance on the first day of each month? 

Furthermore, with the table loaded, I see figures that don’t make sense to me—specifically, the difference between monthly average figures and profit don’t match. This is understandable, given that the profit is a tallying of Gain and Loss for the month. However, it does look odd to show differences in Average and include an absolute Profit figure that differs from the balance changes.

Thanks,
David

> On Oct 18, 2016, at 5:17 PM, David T. via gnucash-user <gnucash-user at gnucash.org> wrote:
> 
> Hello,
> 
> I thought I’d dig into describing a few reports on the Using Gnucash wiki page, and started working on the “Average Balance” report. However, I ran into some difficulty. Could someone explain this report to me? I am curious, because it doesn’t really look like it shows averages of balances; rather, it appears to me to show the monthly value of Equity, as represented by the combination of Assets and Liabilities. If I am right, then is this report appropriately named? Would it be more correct to call it “Monthly Equity” or something similar? If I am misunderstanding, then I appreciate being set straight.
> 
> Thanks,
> David
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