Average Balance Report
sunfish62 at yahoo.com
Tue Oct 18 08:32:02 EDT 2016
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.
> On Oct 18, 2016, at 5:17 PM, David T. via gnucash-user <gnucash-user at gnucash.org> wrote:
> 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.
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